Report Published: "Russia Oil & Gas Report Q2 2014"
Russia is pumping post-Soviet record levels of oil and is likely to continue to see a short-term increase in both oil and gas production, but a high level of investment will be required to maintain this. It also faces pressure to diversify its gas markets, in view of an increasingly challenging 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...
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