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Russian crude production has averaged a steady 0.8% annual growth since 2010, but its natural gas liquids (NGL) industry has grown by almost 8% per year over the same period. Pushed by increased condensate production, higher associated gas utilization and new processing plants, NGLs also benefit from several tax incentives. We estimate that NGL production could reach 1.45 million b/d in 2020 and help Russia achieve its production targets. Decline is expected post-2020.
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Russian NGLs continue to grow PDF - 325.34 KB 9 Pages, 0 Tables, 9 Figures
NGLs Russia 2016.xls XLS - 230.00 KB
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This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.
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Insight | Feb 2016
Russian NGLs continue to grow
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