The main varieties of Russia‘s Oil are:
Below there is a diagram of the distribution of Russia‘s Oil grades in total exports of the country:
As can be seen from the chart, the Siberian volume of Russia‘s Oil exports is represented by the Urals marker grade. A substantial part is transported via the ESPO pipeline to the Pacific ocean ESPO grade. Siberian Light is also worth noting which mostly is a part of the Urals mix, but still stands out as a separate variety, as well as Sakhalin Sokol.
Below there is a summary
table with the main characteristics of Oil grades:
|Grade||Density, kg / m3||Density API||Sulfur content, %|
|Urals||860 — 871||31 — 32||1.2 — 1.3|
|ESPO||851 — 855||34.8||0.62|
|Siberian Light||845 — 850||36.5||0.57|
|Vityaz||820 — 823||41||0.18|
Oil industry is a leading branch of Russian industry. It includes the production, processing, transportation, and sale of oil, as well as the production, transportation and sale of petroleum products.
Oil is the main point of Russian export, accounting for 33% of exports in monetary terms in 2009. In addition, the prices of the third main export component — natural gas — significantly depend on the level of oil and petroleum products prices.
In 2016, Russia produced 547.497 million tons of oil with gas condensate, primary oil refining amounted to 279.365 million tons per year. At the end of 2016, Russia ranked first in the world in terms of oil production, ahead of Saudi Arabia and the United States.
The reserves of liquid hydrocarbons for 2007 were estimated at no less than 9.5 billion tons.