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[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.
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 ]
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 Gazprom name is a contraction of the Russian words gazovaya promyshlennost (газовая промышленность, gas industry). In January 2022, Gazprom displaced Sberbank from the first place in the list of the largest company in Russia by market capitalization. [4] In 2022, the company's revenue amounted to 8 trillion rubles. [5]
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The European Union, Britain and Italy last week urged Russia to commit to reach net zero carbon dioxide emissions by 2050 and step up its plans to tackle climate change ahead of the COP26 summit.
The list of strategic organizations of Russia was developed by the Government Commission on Sustainable Development of the Russian economy in December 2008. [1] Listed organizations are regarded as priority objects of government support in the event of a crisis. The list is not exhaustive and may be adjusted by Commission Decision.
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