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Realizing the potential of super-chilled gas, Russia launched major Liquefied Natural Gas (LNG) projects in the Arctic, such as Yamal LNG. 🌍 2014–2022: Sanctions and Resilience
Over the past two decades, this sector has undergone a massive transformation from post-Soviet recovery to becoming a central pillar of global energy geopolitics. 📈 2000–2008: The Era of Rapid Growth Russia signed massive, long-term oil and gas deals
The government increased its control over strategic assets, most notably with the expansion of Rosneft and Gazprom. Decades-old energy ties with Europe were severed almost
Russia signed massive, long-term oil and gas deals with China, leading to the construction of the "Power of Siberia" gas pipeline. Russia signed massive
The landscape of the Russian energy complex changed permanently following the escalation of geopolitical conflicts in 2022.
Russian companies had to develop domestic technologies for hard-to-recover oil and offshore drilling.
Decades-old energy ties with Europe were severed almost overnight due to sanctions and pipeline sabotages.