IDEAS home Printed from https://ideas.repec.org/p/gai/ppaper/ppaper-2017-274.html
   My bibliography  Save this paper

Russian oil and gas sector in 2016

Author

Listed:
  • Bobylev Yuri

    (Gaidar Institute for Economic Policy)

Abstract

The oil and gas sector is among principal sectors of the Russian economy and is the driving force in shaping the state budget revenues and the trade balance. In 2016, Russia’s crude oil production hit an all-time peak since 1990, and crude oil exports were close to an all-time high. Under the so-called tax maneuver in force in the oil industry, refining depth went up noticeably, production and export of fuel oil moved down and export of crude oil, a highly lucrative source of the budget revenues, increased.

Suggested Citation

  • Bobylev Yuri, 2017. "Russian oil and gas sector in 2016," Published Papers ppaper-2017-274, Gaidar Institute for Economic Policy, revised 2017.
  • Handle: RePEc:gai:ppaper:ppaper-2017-274
    as

    Download full text from publisher

    File URL: https://iep.ru/files/RePEc/gai/ppaper/ppaper-2017-274.pdf
    File Function: Revised version, 2017
    Download Restriction: no

    More about this item

    Keywords

    Russian economy; oil and gas sector; oil production; oil prices; oil and gas export;

    JEL classification:

    • L71 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Hydrocarbon Fuels
    • L72 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Other Nonrenewable Resources

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:ppaper:ppaper-2017-274. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Victor Hugues). General contact details of provider: http://edirc.repec.org/data/gaidaru.html .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.