Russia’s revised oil strategy will focus on maximizing monetization from crude exports before hitting peak production in 2027-2029 and seeing world demand drop, according to a draft document on the development of the sector up to 2035 being reviewed by the State Duma and set to be approved by the government April 22. Receive daily email alerts, subscriber notes & personalize your experience. Register Now “The main thesis in this strategy is the monetization of current reserves and resources — that is, the maximum monetization of exports,” Pavel Zavalny, head of the energy committee at the Duma, said at the presentation of the document April 14. “Everything that can be produced should be produced while there is still demand to sell it,” he added. The draft document, which is […]