Fragments of a blog
Fragments of a blog
Offshore oil production is less than 3% of Russia’s total but Russia has grandiose plans for oil and gas production in the Arctic ocean as well as the Black Sea and the Far Eastern seas. ExxonMobil’s and Shell/s experience operating…
Russia produces over 10 million barrels per day – 500+ million tons per year – of crude and condensate, about as much as Saudi Arabia. Which of the two countries is No. 1 in total liquids output depends on how and…
Russia recovered from the August-September, 1998, crisis, without material financial assistance from the IMF. This should be obvious from my comments at Winds of Change, the bottom line being the schedule of Russia–IMF inflows and outflows. Chechnya is not a…