Russia Upstream: 2014 in review



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Report summary

2014 started strongly and full of optimism for the Russian upstream industry. January saw a new post Soviet record for oil production. Activities in the Arctic offshore gained momentum and Gazprom finally signed its much anticipated gas export agreement with China. However sanctions the decline of the oil price and the subsequent collapse of the Rouble led to a dramatic deterioration of the investment climate for both current and future developments.

What's included

This report contains

  • Document

    Discoveries in 2014.xls

    XLS 71.00 KB

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    Russia Upstream: 2014 in review

    PDF 663.87 KB

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Table of contents

Tables and charts

This report includes 3 images and tables including:


  • Chart – Timeline of 2014
  • Map – Oil and gas fields in the East Barents Sea and Kara Sea


  • Russia Upstream: 2014 in review: Table 1

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