Global Oil Production
Facts:
Exports:
1) Oil;
2) Gas;
3) Wood;
4) Metals;
=============================
8th LARGEST OIL RESOURCES
=============================
Estimated Resources: 49-55 billion barrelss;
Price/Barrel (2001): $29,04 ( NYMEX ) - 02/24/01;
Production in Russia: $2,7Gb;
Total Price: $78.04 Billions a year;
- Russia poroves 20% of Europe's oil needs;
==============================
WORLD LARGEST GAS RESOURCES
==============================
Estimated Resources: 1700 trillion cf;
Russia - largest gas exporter:
Export: 7,1 Tcf;
Price per 1000 cf: $5 (02/24/01 )
Total: 35,5 Billions a year;
- Gazprom - major company ( 38% state-owened );
- Gazprom provides 25% of all federal tax revenues;
- Gazprom controls 90% of Russian's gas production;
- Gazprom holds 20% of world gas resources;
- domestic prices for gas are 11% of export prices;
- Itera - second-lagest gas company in Russia;
- Russia provides 25% of Europe's gas needs;
=============================
2th LARGEST COAL RESOURCES
=============================
- Russia 6th largest coal producer;