The Russian oil and gas sector is a phenomenon on a truly global scale. In terms of oil, Russia has the seventh largest reserves in the world and comes second in the list of exporters, while in gas it is the world’s leading exporter, backed up by the biggest reserves anywhere on the planet. Five Russian integrated oil companies (Rosneft, LUKOIL, TNK-BP Holding, Surgutneftegaz and Gazprom Neft) account for 73% of total Russian crude output. Gazprom and NOVATEK together account for 88% of total Russian gas output.
Companies under coverage
Gazprom, NOVATEK, Rosneft, LUKOIL, Surgutneftegaz, TNK-BP Holding, Gazprom Neft
Contact information
Alexander Pukhaev
Head of Commodities, Oil & Gas and Metals & Mining
Òål.: +7 (495) 663 4671
Fax: +7 (495) 663 4672
E-mail: alexander.pukhaev@vtbcapital.com
Russia’s metals and mining sector is one of the largest in the world: in terms of production, the country is the world’s number one for nickel and palladium, number two for aluminium and platinum, fourth for steel and fifth for iron ore mining. Moreover, Russia has the world’s richest iron ore content reserves and the second largest gold reserves. The majority of the mining sector, however, remains non-public. Among the public miners are Norilsk Nickel (the world’s largest nickel producer), Raspadskaya and Belon (coal producers) as well as Polyus Gold and Polymetal (gold producers). The steel sector is more public, with five leading steel producers (Evraz, MMK, Mechel, NLMK and Severstal) being public and accounting for some 75% of total steel production in Russia.
Companies under coverage
Evraz, Magnitogorsk Steel (MMK), Mechel, Novolipetsk Steel (NLMK) and Severstal
Contact information
Alexander Pukhaev
Head of Commodities, Oil & Gas and Metals & Mining
Òål.: +7 (495) 663 4671
Fax: +7 (495) 663 4672
E-mail: alexander.pukhaev@vtbcapital.com
Igor Lebedinets
Analyst
Metals and Mining
Òål.: +7 (495) 663 4637
Fax: +7 (495) 663 4672
E-mail: igor.lebedinets@vtbcapital.com
Commodities
Commodities research reports cover our major markets – base & precious metals, energy and agriculture. Our commodity market experts are leaders in their field and are frequently quoted in leading publications.
