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Nord Stream AG (51%) - joint project company with E.ON, BASF and Gasunie for the contraction and operation of the Nord Stream 1 pipeline RosUkrEnergo AG (50%) - gas trading in Ukraine Shtokman Development AG (51%) - joint project company with Total S.A. (25%) and Statoil (24%) to develop Shtokman gas field first phase [ 10 ]
[5] [6] Russia relies on energy revenues to drive most of its growth. Russia has an abundance of petroleum , natural gas and precious metals , which make up a major share of Russia's exports. As of 2012 [update] the oil-and-gas sector accounted for 16% of the GDP , 52% of federal budget revenues and over 70% of total exports.
On 23 November 2000, the government approved the main provisions of the Russian energy strategy to 2020. On 28 May 2002, the Russian Ministry of Energy gave an elaboration on the main provisions. Based on these documents, the new Russian energy strategy up to 2020 was approved on 23 May 2003 and confirmed by the government on 28 August 2003.
The PJSC Lukoil Oil Company (Russian: Лукойл, romanized: Lukoyl, IPA: [ˈluːkɔɪl] stylized as LUKOIL or ЛУКОЙЛ in Cyrillic script) is a Russian multinational energy corporation headquartered in Moscow, specializing in the business of extraction, production, transport, and sale of petroleum, natural gas, petroleum products, and electricity.
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The United States and United Kingdom unveiled what they say are the harshest sanctions targeted at Russia’s energy sector since Moscow’s troops began a nearly three-year-old war on Ukraine in ...
Novatek is a public company with shares traded on the Moscow stock exchange. The company delisted from the London Stock Exchange in March 2023. [29] The major shareholders of Novatek are Leonid Michelson, the CEO, with around 28% of the shares, Gennady Timchenko's Volga Group with 23% of shares, Total S.A. with 16%, and Gazprom with 9.4%.
The operational area of IDGC Holding companies covers a power network of ten voltage types, ranging from 0.4 kV to 220 kV. The total spread of networks of IDGC Holding's operating subsidiaries exceeds 2.1 million kilometers. Russian Grids ranks among the world's largest electric grid companies in terms of network spread and customers.