Contents Acknowledgements Preface by Robert Skidelsky Executive Summary 1 Global supply and demand 2 The geopolitics of oil 3 Russia as a global oil player 4 Russia and its oil 5 Oil reserves, exploration and geology 6 Oil production: prolonging the life of depleted deposits 7 Oil refining 8 Transport infrastructure 9 Vertically-integrated oil companies 10 Conclusions Bibliography
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The essay is a valuable addition to the literature on the Russian economy, setting the discussion of its oil economy in the wider context of globalisation, geopolitics and Russia s own economic prospects, and bringing together little-known facts and figures. It is avowedly written from a Russian point of view and directed to Russia s national advantage, but this need not not be to the disadvantage of others. A Russia which develops along the lines sketched here will be not part of the energy problem which the world faces, but part of the solution. Robert Skidelsky --Introduction to the book by Robert Skidelsky
This book is a comprehensive survey of the Russian oil industry, covering all major areas from exploration and geology to refining and infrastructure. It also shows how current global demand and supply conditions have given Russia an influential position as the key alternative supplier to the middle east and considers the implications of Russia s rise as a global oil player. --Review by London School of Economics
The Russian oil industry explained in under 100 pages. --CNBC European Business
This book is a comprehensive survey of the Russian oil industry, covering all major areas from exploration and geology to refining and infrastructure. It also shows how current global demand and supply conditions have given Russia an influential position as the key alternative supplier to the middle east and considers the implications of Russia s rise as a global oil player. --Review by London School of Economics
The Russian oil industry explained in under 100 pages. --CNBC European Business
About the Author
VLADIMIR EROCHKINE is a banker and an experienced oil trader. He is CEO of Russian Oil Storage and Trading Ltd. and is a consultant to various Russian oil related companies. PAVEL EROCHKINE is Research Officer at the Centre for Global Studies and Lord Skidelsky s Research Assistant at the House of Lords. He is also a Director of Transnational Insights
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