Abstract
In the article, the authors analyzed the stable trends in the development of export oil supplies from Russia. The purpose of this article is a short-term forecast of the export of Russian oil with differentiations in the areas of supply. Based on the trend modeling until 2025, a forecast of the total volume of oil exports was made with differentiation in the directions of the supply of liquid hydrocarbons. For each direction of supply, forecast confidence intervals are defined within the limits of which Russian oil exports may be found. The authors showed that export supplies of oil to the energy market of the Asia-Pacific region will increase annually and exports to the European market will decline. The article shows that in the structure of oil supplies from Russia, the main growth is accounted for by foreign countries. In 2018, oil supplies in this direction amounted to 239.6 million tons. At the same time, the share of oil supplies to the European market is annually reduced, reaching only 64% in 2018 (80% in 2011), which is associated with the redirection of oil exports to the Asia-Pacific oil market, primarily to China. In this region, the demand for Russian oil is provided by its higher quality and corresponding chemical composition.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: IOP Conference Series: Earth and Environmental Science
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
