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Russia's Key Energy Statistics world rank
Total Primary Energy Production
2014
55.333
Quadrillion Btu
3
Total Primary Energy Consumption
2014
30.676
Quadrillion Btu
3
Dry Natural Gas Production
2014
21,225
Billion Cubic Feet
2
Total Petroleum and Other Liquids Production
2014
10,852
Thousand Barrels Per Day
3
Primary Coal Production
2014
393,765
Thousand Short Tons
6
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Analysis - Energy Sector Highlights Last updated: October 25, 2016

  • Russia is the world's largest producer of crude oil (including lease condensate) and the second-largest producer of dry natural gas. Russia also produces significant amounts of coal. Russia's economy is highly dependent on its hydrocarbons, and oil and natural gas revenues account for more than 40% of the federal budget revenues.
  • Sanctions and lower oil prices have reduced foreign investment in Russia's upstream, especially in Arctic offshore and shale projects, and have made financing projects more difficult.
  • Most of Russia's oil production originates in West Siberia and the Urals-Volga regions. However, production from East Siberia, Russia's Far East, and the Russian Arctic has been growing.
  • Russia holds the largest natural gas reserves in the world, and is the second-largest producer of dry natural gas. The state-run Gazprom dominates the country's upstream natural gas sector, although production from other companies has been growing.
  • Russia is one of the top producers and consumers of electric power in the world, with more than 230 gigawatts of installed generation capacity. In 2013, electric power generation totaled approximately 1,000 billion kilowatthours, and Russia consumed 878 billion kilowatthours.

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Data