Russia Oil and Gas Report Q1 2014

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Russia Oil and Gas Report Q1 2014 Nov 13th 2013, 00:00 Price: $ 1295   BMI View: Russia may be pumping post-Soviet record levels of oil and is likely to continue to see a shortterm increase in both oil and gas production, but we warn that a high level of investment will be required to maintain this. It also faces pressure to diversify its gas markets, in view of slower demand growth expected from its core market in Europe and growing competition from other global gas suppliers. Tax breaks given to encourage offshore and tight oil developments could help support Russian oil and gas output in the longer term, though we warn that the consolidation of Rosneft's position in the country's upstream segment limits gains from regulatory changes to privileged firms with political connections in the country. It also threatens to squeeze out Russia's independent refiners owing t ... Complete report details with Table of Contents and more @ http://www.marketreportsonline.com/294297.html

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