Russian oil – challenges and possibilities

After Russian oil production had fallen to a low of 303 million tonnes per year in 1996–8, production picked up rapidly – some years showing an increase exceeding 10 per cent – until 2004 when it reached 459 million tonnes. Among observers of the sector there had been a debate about Russia’s ability...

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मुख्य लेखक: Moe, A
स्वरूप: Journal article
भाषा:English
प्रकाशित: Oxford Institute for Energy Studies 2014
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author Moe, A
author_facet Moe, A
author_sort Moe, A
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description After Russian oil production had fallen to a low of 303 million tonnes per year in 1996–8, production picked up rapidly – some years showing an increase exceeding 10 per cent – until 2004 when it reached 459 million tonnes. Among observers of the sector there had been a debate about Russia’s ability to sustain the output level, sceptics arguing that the impressive growth was caused mainly by forced exploitation of existing fields with the use of new technologies, with Yukos in the forefront, and that this could not continue due to exhaustion of the fields. In fact the rate of growth fell drastically after 2004, growth continued, however, with output reaching 523 million tonnes in 2014, getting close to the record levels of the mid-1980s.
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spelling oxford-uuid:3fac662c-4de1-4b7c-a970-bcf9dc0455f32025-01-29T10:51:02ZRussian oil – challenges and possibilitiesJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:3fac662c-4de1-4b7c-a970-bcf9dc0455f3EnglishORA DepositOxford Institute for Energy Studies2014Moe, AAfter Russian oil production had fallen to a low of 303 million tonnes per year in 1996–8, production picked up rapidly – some years showing an increase exceeding 10 per cent – until 2004 when it reached 459 million tonnes. Among observers of the sector there had been a debate about Russia’s ability to sustain the output level, sceptics arguing that the impressive growth was caused mainly by forced exploitation of existing fields with the use of new technologies, with Yukos in the forefront, and that this could not continue due to exhaustion of the fields. In fact the rate of growth fell drastically after 2004, growth continued, however, with output reaching 523 million tonnes in 2014, getting close to the record levels of the mid-1980s.
spellingShingle Moe, A
Russian oil – challenges and possibilities
title Russian oil – challenges and possibilities
title_full Russian oil – challenges and possibilities
title_fullStr Russian oil – challenges and possibilities
title_full_unstemmed Russian oil – challenges and possibilities
title_short Russian oil – challenges and possibilities
title_sort russian oil challenges and possibilities
work_keys_str_mv AT moea russianoilchallengesandpossibilities