Russia's upstream fiscal options for the energy transition
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Table of contents
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Executive summary
- How important are hydrocarbon tax receipts to Russia?
- Why does the pace of the energy transition matter to Russia?
- What options does Russia have if oil demand and prices fall?
- How could regulatory changes in other countries impact Russia?
- What will be the domestic impact of an accelerated energy transition?
- How resilient is the Russian economy to reduced upstream fiscal revenue?
- What are the alternative paths to fiscal stability in an accelerated transition?
Tables and charts
This report includes the following images and tables:
- 2019 federal budget* of the Russian Federation: tax and spend
- Oil and gas contribution to the federal budget
- Russian export revenues by product
- Russian hydrogen exports
What's included
This report contains:
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