Oil Industry: Exports at Peak

Monitoring of Russia's Economic Outlook. Moscow, IEP, No. 3, 2017, pp. 5-8

4 Pages Posted: 3 Apr 2017 Last revised: 31 May 2017

See all articles by Yuri Bobylev

Yuri Bobylev

Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration

Date Written: March 3, 2017

Abstract

In 2016, Russia’s crude oil production hit an all-time peak since 1990. Under the so-called tax maneuver in force in the oil industry, refining depth went up, production and export of fuel oil moved down and export of crude oil, a highly lucrative source of state budget revenues, increased.

Keywords: Russian Economy, Oil and Gas Industry, Peak Output

JEL Classification: L71, O47, O13, Q32

Suggested Citation

Bobylev, Yuri, Oil Industry: Exports at Peak (March 3, 2017). Monitoring of Russia's Economic Outlook. Moscow, IEP, No. 3, 2017, pp. 5-8, Available at SSRN: https://ssrn.com/abstract=2944586 or http://dx.doi.org/10.2139/ssrn.2944586

Yuri Bobylev (Contact Author)

Gaidar Institute for Economic Policy ( email )

Gazetny pereulok, 3-5
Moscow, 125993
Russia

Russian Presidential Academy of National Economy and Public Administration ( email )

Vernadsky Avenue 82
119571
Russia

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