Transcription of Russia - U.S. Energy Information Administration (EIA)
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Russia - U.S. Energy Information Administration (EIA)
1 Country Analysis Executive Summary: Russia Last Updated: December 13, 2021 Overview Russia was the world s third-largest producer of petroleum and other liquids (after the United States and Saudi Arabia) in 2020; it had an annual average of million barrels per day (b/d) in total liquid fuels production. Russia was the second-largest producer of dry natural gas in 2020 (second to the United States), producing an estimated trillion cubic feet (Tcf). Europe is Russia s main market for its oil and natural gas exports, and by extension, Europe is its main source for revenues. Russia is a major source of oil and natural gas for Europe; a significant share of Europe s oil and natural gas imports come from Russia . Since 2014 , Russia has been subject to sanctions imposed by the United States and the European Union (EU). The sanctions were imposed in response to the actions and policies of the Russian government with respect to Ukraine.
Dec 13, 2021 · • Since 2014, Russia has been subject to sanctions imposed by the United States and the European Union (EU). The sanctions were imposed in response to the actions and policies of the ... Republic, Slovakia, and Hungary. It also affected exports out of Russia’s Baltic Sea port of Ust Luga. 11 • The Caspian pipeline transports crude oil to ...
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