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FORMER SOVIET UNION

The countries of the former Soviet Union are major oil and gas producers. Although onshore oil production will reach a peak around 2010, new offshore production from Russia and Kazakhstan in the Caspian Sea and from Russia off Sakhalin Island will continue to grow to the end of the period.

Both onshore and offshore gas production is rising, again from Russia, Azerbaijan, and Kazakhstan, but also from onshore Turkmenistan and Uzbekistan.

Former Soviet Union gas demand is bound to increase rapidly as new supplies are realised, replacing other fuels (especially oil) wherever possible. Exports of oil will grow to 2010 after which declining production levels from Russia will reduce trade. Gas exports will stabilise after 2007 as internal growth in use roughly balances production increases.

There are thus strong incentives for the FSU to develop more gas to serve the needs of both western markets in Europe and eastern markets in North Asia.

• Azerbaijan

• Belarus

• Georgia

• Kazakhstan

• Kyrgyzstan

• Lithuania

• Russia

• Tajikistan

• Turkmenistan

• Ukraine

• Uzbekistan

Population

 305 million

Onshore area

(000's sq kms)

Offshore area

(000's sq kms)

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