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Russian oil and gas industry has undergone a number of changes over the past 20 years. The volumes of oil and gas production changed, the production site moved to the eastern part of Russia, innovative solutions were introduced in the field of oil and gas production, as well as their subsequent processing, the number of players in the market and the price of oil and gas changed. All this set the trends in the development of oil and gas industry in Russia in a new direction for it. This article discusses the current state of oil and gas industry in Russia and identifies the main trends in its development.

About the authors

Marine M. Manukyan

Samara National Research University

Author for correspondence.

Candidate of Economic Sciences, associate professor of the Department of Innovation Economics

Russian Federation


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Copyright (c) 2020 Марине Мартиновна Манукян

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