RNCOS Research - Russian Oil and Gas Industry Awaits Investment Support
Released on = June 5, 2006, 12:21 am
Press Release Author = RNCOS
Industry = Energy
Press Release Summary = RNCOS Research: (http://www.rncos.com/Report/IM035.htm) The report offers key projections and investment prospects in the Russian Oil and Gas sector, including the landmark reforms and developments in the regulatory environment.
Press Release Body = RNCOS Research: (http://www.rncos.com/Report/IM035.htm) Russia offers remarkable prospects for firms looking for investing in the energy sector. With the turn of the decade, the Russian Federation has been witnessing a steady rise in the investments in the areas of oil exploration and production. From 2000 to 2003, investments in the Oil & Gas sector comprised about one-third of the total investments made by the Russian Federation.
Presently when the oil sector is undergoing a period of stagnation, Russian Oil and Gas sector is at the cutting edge of the international investment prospects in the area of energy. Russia has approximately around 65 and 210 billion barrels of oil and above 1,600 trillion cubit feet of gas in reserve.
The oil and gas sector in Russia is controlled by the vertical monopoly of a handful internationally reputed oil and gas firms.
The latest market research report named, "Russian Oil and Gas Industry Forecast," drawn up by RNCOS forecasts the investment necessary to sustain and develop the infrastructure of the Russian energy sector, amounting to about US$ 100Bn, within 2006 to 2030. Majority of this amount is expected to originate in the form of credit from international organizations.
It offers a record of potential investment prospects in this sector:
· The past decade has witnessed enormous integration in the Russian oil and gas sector, with nearly 400 mediums to small Russian firms embodying potential future investments. · Few analysts consider that former Russian oilfields should not be disregarded and even one percent revival has the potential of adding 700 million barrels to the reserves.
Highlights Of The Report Are: · Extensive investigation of the Russian oil and gas sector · Future projections about the yield and utilization pattern of oil and gas in Russia · Major export regions of the sector · Outline of the overall status of pipelines in Russia · Comprehensive report on the recent strategies and developments of the government influencing Russian oil and gas sector · Overview of main operators in this sector
The report presents the prospects and difficulties faced by the sector, including a profile of the major operators, evaluation of the business environment and recent turn of events in the sector.
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To purchase your copy: http://www.rncos.com/Report/IM035.htm For more information about the report please visit www.rncos.com
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