Would you like to start a free subscription?
Remember me | Forgot password
For full content view: Log in Now!
Russia’s oil and gas sector is now on the verge of a major reshaping, something with ample, possible political consequences. Factors contributing to this situation are now converging, both from inside and outside the country.
The European situation is affecting Russia’s hydrocarbon industry. Oil and gas exports are likely to stagnate or even decline in the next year and perhaps into 2014, as the European economy enters a long recession. This is, of course, the result of the Euro crisis. In 2010, we saw Greece, Ireland and Portugal hit by this crisis. In 2011, it was the turn of Spain and Italy. By 2012, even France has been forced into harsh austerity measures. As a result, economic growth went negative and will remain that way through 2012. It is even possible that this recession could degenerate into a full-fledged depression, as the cumulative effects of austerity in a large number of important economies add their weight.
This area of the site is restricted.
In order to gain access, please either Log
In, or subscribe to World Oil.
Two options are available to you for creating an account.
1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.
Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.
2. Purchase a subscription to World Oil magazine and gain immediate
and complete access to World Oil Online. As a Total Access subscriber
you will have access to all areas of the site available to registered users and
free subscribers as well as having access to such premium content areas as:
Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.
If you are already a paid subscriber and do not have access, please email CustomerService@worldoil.com.
World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.
Bucharest - April 28-30
Houston, TX - May 5-8
Savannah, GA - May 5-8
All material subject to strictly enforced copyright laws.
© 2014 World Oil. © 2014 Gulf Publishing Company.