Publisher's Production and Capital Expenditure Outlook for Key Planned Upstream Projects in Countries of the Former Soviet Union (FSU) region from 2016 to 2025. It includes detailed information on the number of planned projects and their start dates by key countries and companies in the FSU region, as well as information on their capital expenditures.
Russia is responsible for 25 key crude and natural gas projects expected to commence operations by 2025, dominating the Former Soviet Union’s (FSU) oil and gas production. The two other key planned projects in the FSU region are in Kazakhstan, led by the colossal Kashagan crude oil project, which is thought to be the world’s largest discovery in the last 30 years. Russia will account for most of the planned oil and gas production in the FSU, with Gazprom contributing the highest oil and gas production in the region by 2025.
Despite the dominance of Russia in terms of the number of planned projects, Kazakhstan is expected to lead the FSU for capital expenditure (capex) on key developments, with a forecast to have capex spending of US$53.7 billion between 2016 and 2025, of which US$53.1 billion will be spent on the huge Kashagan project, which is slated to come online in 2017.
The report includes: