Russian Oil Industry: 2015 Results and Outlook for 2016-2017

The past year 2015 has become a landmark for the Russian oil industry. Threefold drop in oil prices, “tax maneuver” and rouble devaluation made the long-term trends shift in production, refining, exports and domestic sales of crude oil and oil products.

The new study conducted by VYGON Consulting “Russian Oil Industry: 2015 Results and Outlook for 2016-2017” provides in-depth analysis of production and economic performance in key Russian oil sectors in 2015, as well as projections for 2016-2017. Selected forecast horizon under the current environment is vital for the Government to make decisions on budget balancing and launching regulatory reforms in Oil & Gas sector.

This report unveils a series of annual products by VYGON Consulting with its own independent forecast of Russian oil industry development.


Managing Director
Chief Economist
Head of Research
Director, Oil & Gas Industry Regulatory Consulting