RUSSIA STRUGGLING TO REVIVE PRODUCTION, REBUILD OIL INDUSTRY

Dr. A. Konoplyanik Former Deputy Minister Russian Federation Ministry of Fuel and Energy Moscow The Russian energy sector and, in particular, the oil industry have been passing through hard times. The decline in energy production continues. Total primary energy production decreased in 1992 by 104.5 million metric tons of coal equivalent (TCE), or 6%, from its level in 1991. Primary energy consumption in the country dropped by 47.8 million TCE, or 3.8%, and energy supplies to the countries of