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Russia: back where it belongs

2017 will be a big year for Russian oil and gas. Oil production hit record post-Soviet levels in 2016, and Russia is still a titan of the gas world. This production rise mean plenty of projects - old and new - are seeing heavy investment.
 
- 2016 oil production: 10.96m bpd
- Budget for the Power of Siberia pipeline: $20 billion
- Yamal LNG project budget: $27 billion

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