IDEAS home Printed from https://ideas.repec.org/a/gai/recdev/394.html
   My bibliography  Save this article

Trends In Russia’S Oil And Gas Sector Development

Author

Listed:
  • Yuriy Bobylev

    (Gaidar Institute for Economic Policy)

Abstract

In 2014, Russia continues to display upward trends in the oil extraction sector and petroleum product exports. In recent months, world prices of oil have been on the decline. Over the period of August–September 2014, the USA, the European Union and some other countries introduced economic sanctions against Russia’s oil and gas sector, which may potentially result in serious constraints on its future development. However, the actual negative eff ect of these sanctions will strongly depend on the length of the period of their realization. Should that period turn out to be short, the resulting negative eff ect will be rather limited; otherwise, oil output in this country may drop, thus bringing down government revenue.

Suggested Citation

  • Yuriy Bobylev, 2014. "Trends In Russia’S Oil And Gas Sector Development," Russian Economic Development, Gaidar Institute for Economic Policy, issue 10, pages 41-43, September.
    • Handle: RePEc:gai:recdev:394
    as

    Download full text from publisher

    File URL: http://www.iep.ru/files/RePEc/gai/recdev/394Bobylev.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    OIL & GAS SECTOR;

    JEL classification:

    • P24 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - National Income, Product, and Expenditure; Money; Inflation
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gai:recdev:394. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Olga Beloborodova (email available below). General contact details of provider: https://edirc.repec.org/data/gaidaru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.