Russia modernizing its pipeline network - China and Europe set to witness greater connectivity with the Russian pipeline network
The Russian Federation as the major successor state to the former Soviet Union inherited a vast network of pipelines spread throughout the whole country. However in the aftermath of the collapse of the Soviet Union, the oil and gas sector in Russia suffered a shock and production levels fell drastically. However in recent years the oil and gas sector in the country has been boosted due to several new pipelines being built to replace or expand the ageing Soviet era infrastructure. Further several more major pipeline projects are currently under construction, which will further boost the oil and gas sector in the country in the coming years.
- The Russian Federation, as the major successor state to the former Soviet Union, inherited a vast network of pipelines spread throughout the whole country.
- Around 60% of the gas pipeline network in Russia today ranges between 40 and 50 years old.
- Greater connectivity through its vast pipeline system is on a very high agenda in Moscow, and the likelihood of further pipeline projects being developed in the coming years is likely.
Reasons to buy
- Explores the history of Russia's pipeline network
- States how Russia is modernizing and expanding its pipeline network
- Analyzes how this expansion will result in greater connectivity with neighbors
- Explains why the Russian oil and gas sector should receive a boost in the coming years
- How is Russia modernizing its pipeline network?
- Which countries are or will be importing oil and gas from Russia?
- Why does the Russian government want to maintain strong control over the oil and gas sector?
- Russia inherited a vast pipeline network from the Soviet Union
- The Soviet Union left behind 100,000km of pipelines
- Russia is now modernizing its domestic pipeline network
- Strong Chinese demand boosting growth in Russian oil and gas sector
- China to become second largest purchaser of Russian gas in the coming years
- Exports to Europe also likely to increase as “Nord Stream 2” pipeline takes shape
- Original Nord Stream project bypassed Eastern Europe and directly connected Russia with Germany
- Stiff initial opposition to Nord Stream 2, in the wake of diplomatic tensions over Ukraine is slowly dissipating
- The Russian oil and gas sector will receive a strong boost in the coming years due to greater connectivity via pipelines with neighboring countries
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- List of Figures
- Figure 1: Bovanenkovo-Ukhta-Torzhok pipelines, connecting the Yamal Peninsula to Russia’s central pipeline network 6
- Figure 2: China natural gas production and consumption, billion cubic meters, 2005-2015 8
- Figure 3: The “Power of Siberia” pipeline (in green) will export Siberian gas to China 9
- Figure 4: China oil production and consumption, thousands of barrels per day, 2005-2015 10
- Figure 5: The Nord Stream pipeline bypasses Eastern Europe and directly connects the Russian pipeline network with the German 12
- Figure 6: Germany natural gas production and consumption, billion cubic meters, 2005-2015 13