EIA: Country Analysis Brief: Russia - October 2017 - eng (pdf) ^{Избранное}

Russia is a major producer and exporter of oil and natural gas. Russia’s economic growth is driven by energy exports, given its high oil and natural gas production. Oil and natural gas revenues accounted for 36% of Russia's federal budget revenues in 2016.[1]

Russia was the world’s largest producer of crude oil including lease condensate and the third-largest producer of petroleum and other liquids (after Saudi Arabia and the United States) in 2016, with average liquids production of 11.2 million barrels per day (b/d). Russia was the second-largest producer of dry natural gas in 2016 (second to the United States), producing an estimated 21 trillion cubic feet (Tcf).

Russia and Europe are interdependent in terms of energy. Europe is dependent on Russia as a source of supply for both oil and natural gas. More than one-third of crude oil imports to European countries in the Organization for Economic Cooperation and Development (OECD) in 2016 came from Russia. More than 70% of natural gas imports to those countries also came from Russia in 2016.[2] Russia is dependent on Europe as a market for its oil and natural gas and the revenues those exports generate. In 2016, nearly 60% of Russia’s crude oil exports and more than 75% of Russia’s natural gas exports went to OECD Europe.[3]

Russia was the fourth-largest generator of nuclear power in the world in 2016 and had the fifth-largest installed nuclear capacity. With seven nuclear reactors under construction, Russia is second to China in terms of number of reactors under construction as of October 2017.[4]

According to the BP Statistical Review, Russia consumed 26.74 quadrillion British thermal units (Btu) of energy in 2016, most of which was natural gas (52%). Petroleum and coal accounted for 22% and 13% of Russia’s consumption, respectively (Figure 1).[5]