Russia Country Analysis Brief - November 2013
Russia is a major producer and exporter of energy and its economy largely depends on energy exports. Oil and gas revenues accounted for 52% of federal budget revenues and over 70% of total exports in 2012. Russia was the world’s third-largest producer of oil (after Saudi Arabia and the United States) and it was the second-largest producer of natural gas in 2012 (second to the United States). Russia is the third largest generator of nuclear power in the world and fourth-largest in terms of installed capacity.
For more information on Russia’s energy sector, visit http://www.eia.gov/countries/cab.cfm?fips=RS
Posted: November 26, 2013