Current state, problems, and prospects of development of the fuel and power industry of the Russian Federation

Journal Article · Thu Sep 01 04:00:00 EDT 1994 · Hydrotechnical Construction

DOI:https://doi.org/10.1007/BF01545921· OSTI ID:135934

Shatalov, A T

Despite the political and territorial changes that have occurred in the former USSR, the Russian Federation as before remains the core of the entire energy supply system of countries of the Commonwealth of Independent States (CIS), the three Baltic States, as well as an exporter of oil and gas to European countries. Demonstrated gas reserves in Russia amount to 47 trillion cubic meters and coal reserves more than 200 billion tons. With the dissolution of the USSR, the infrastructure of the entire region was affected. The main production of pipes remained in Ukraine and 80% of the production of oil equipment remained in Azerbaijan. The majority of underground gas storage facilities, refineries, and electric-power installations constructed during the past 20 years remained in Belarus, Baltic Countries, and Ukraine. To solve some of the problems, laws were passed that aimed at the formation of market relations in the economy and power industry. The transition to a market economy in the oil and gas industry should take 5-7 years and has a large effect on the overall markets reforms taking place. The article also outlines the history and present state of petroleum reserves and development in Russia.

• Sponsoring Organization: USDOE
• OSTI ID: 135934
• Journal Information: Hydrotechnical Construction, Journal Name: Hydrotechnical Construction Journal Issue: 3 Vol. 28; ISSN 0018-8220; ISSN HYCOAR
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
03 NATURAL GAS
29 ENERGY PLANNING, POLICY, AND ECONOMY
COAL RESERVES
ECONOMICS
ECONOMY
ELECTRIC POWER
ENERGY POLICY
INVESTMENT
MARKET
NATURAL GAS INDUSTRY
PETROLEUM INDUSTRY
PRODUCTION
RESERVES
RUSSIAN FEDERATION