Insight
Russian liquids to 2020: condensate's importance grows
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Report summary
Contrary to many pessimistic predictions, Russian liquids production has reached record levels in the first five months of 2015. The driver behind the growth is condensate, mainly from the Urengoi area in West Siberia. Decline at brownfields will be offset by the development of greenfields and more difficult reservoirs, as well as increased EOR activity. The impact of sanctions will be crucial for Russia’s long-term production outlook post-2020 as it faces a sizeable production gap.
Table of contents
- Executive Summary
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Regional production trends 2010-2020
- West Siberia
- East Siberia
- Timan-Pechora
- Southern provinces
- 1 more item(s)...
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Condensate drives the mid-term growth
- The Urengoi area drives condensate output
- Attractive taxation terms for condensate
- Good short-term outlook hides long-term problems
- Russian liquids production will keep going strong – for now
Tables and charts
This report includes the following images and tables:
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Russian liquids to 2020: condensate's importance grows: Image 1Oil and condensate production potential in 2015 vs 2018Condensate projects in the Urengoi area
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