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Russia’s dependence on imported oil and gas equipment drops to 53%

February 07, 13:15 UTC+3

Industry and Trade Ministry expected to reduce dependence on import to 60% this year

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Russia’s dependence on imported oil and gas equipment has dropped to 53% today, Industry and Trade Minister Denis Manturov said at a meeting of the United Russia faction.

"We expected to reduce dependence on import to 60% this year. In fact, we have already exceeded this level: the share of Russian equipment purchased by our companies is more than 53%," the minister said.

According to him, in 2014, the Industry and Trade Ministry and Energy Ministry set up a special interdepartmental commission for this purpose and the results of its work are seen today.

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