Russia

Country Information

Continent Asia
GDP (2012 est.) $2.486 trillion (2012 est.)
Currency & Exchange Rate Russian rubles (RUB) per US dollar 30.84
Dialling Code
+7

Exploration & Production Companies

Bashneft, Gazprom Neft, Lukoil, Rosneft, Russneft, Sibir Energy, Surgutneftegas, Tatneft, Nigaz.

Oil fields greater than 1 billion barrels

Mamontovskoye, Russkoye, Kamennoe, Vankor, Vatyeganskoye, Tevlinsko-Russkinskoye, Sutorminskoye, Urengoy group, Ust-Balykskoe, Tuymazinskoe, Arlanskoye, South-Hilchuy, North-Dolginskoye, Nizhne-Chutinskoe, South-Dolginskoye, Prirazlomnoye, West-Matveevskoye, Sakhalin Islands, Odoptu, Arukutun-Dagi, Piltun-Astokhskoye, Ayash East-Odoptu, Verhne-Chonskoye, Talakan, North-Caucasus Basin.

International Tax Regime

Residential taxation: foreigners taxed on local income; residents taxed on local and overseas income.

Witholding Tax

Crude oil - production(bbl/day) 10,400,000
Crude oil - exports(bbl/day) 4,690,000
Crude oil - imports(bbl/day) 16,380
Crude oil - proved reserves(bbl) 80,000,000,000
Refined petroleum products - production(bbl/day) 4,812,000
Refined petroleum products - consumption(bbl/day) 3,341,000
Natural gas - production(cu m) 673,200,000,000
Natural gas - proved reserves(cu m) 47,800,000,000,000

Climate

Ranges from steppes in the south through humid continental in much of European Russia; subarctic in Siberia to tundra climate in the polar north; winters vary from cool along Black Sea coast to frigid in Siberia; summers vary from warm in the steppes to cool along Arctic coast.

Location

North Asia bordering the Arctic Ocean, extending from Europe (the portion west of the Urals) to the North Pacific Ocean.

CCL Country Manager

Contact Details

Name:

Direct:

Email:

LinkedIn:

Jon Cox

+44 (0) 208 333 4156

jon.cox@cclglobal.com

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