Insight
Russia upstream 2017 in review: delivering on promises, exploring new opportunities
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Delivering on promises was a major theme in Russia's upstream in 2017. The launch of Yamal LNG highlighted NOVATEK's capacity to deliver on commercially challenging and technically complex projects. Russia successfully collaborated with OPEC to implement oil production cuts to support the oil price. The pivot to China gathered pace as CEFC China took a stake in Rosneft and Gazprom made progress on the Power of Siberia pipeline. Read our Russia 2017 year in review to find out about how Russia has turned a corner.
Table of contents
- Executive Summary
- OPEC+ oil production cut extension
- Russian LNG makes a great leap forward
- M&A activity gathers pace
- Sanctions rolled over and strengthened
- Infrastructure investment continues
- Exploration goes north and east
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Ending the year on a high
- Key asset reports in 2017
- Key Insightsin 2017
Tables and charts
This report includes 4 images and tables including:
- How Russia cut production by 300, 000 b/d
- M&A in Russia in 2017
- Taimyr Peninsula exploration
What's included
This report contains:
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