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Investments in Russian energy to double to $793 bln by 2031-2035

January 23, 2014, 19:06 UTC+3 23
1 pages in this article

MOSCOW, January 23. /ITAR-TASS/. Investments in Russian energy sector will increase to $793 billion over 2031-2035 as compared to $460 billion in 2011-2015, says the revised Energy Strategy of Russia up to 2035 compiled by the Ministry of Energy.

These include investments in the oil complex, gas and coal industry, and energy supplies, the strategy says.

The share of the fuel and energy complex in the total investments in the economy will drop from 25.6% to 17.7%, or 1.5 times, by 2035, while its portion of the GDP is expected to shrink from 5.6% to 4.6%.

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