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Opinion

Russian Federation upstream: 4 things to look for in 2024

Predictions for the year ahead

1 minute read

Michael Moynihan

Research Director, Russia Upstream Oil and Gas

As a research director in our upstream team, Michael analyses developments in the upstream industry in Russia.

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What's inside this year's report?

Russia's upstream outlook continues to be shaped by the consequences of its invasion of Ukraine. And 2024 will be a decade-defining year for Russia as it holds presidential elections, hosts the BRICS annual summit and grapples with the impact of western sanctions.

Powered by Lens Upstream, in this report we highlight the four key themes to watch in 2024, including:

  • Crude oil production cuts: what next for Russia's liquids production?
  • Russian LNG: what challenges need to be overcome at Arctic LNG-2?
  • Vostok oil project: how much progress will be made?
  • Politics and economics: what will speed up or slow down the pivot to Asia?

Fill in the form at the top of the page to access this complimentary report. 

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