Russia Energy Data, Statistics and Analysis - Oil, Gas, Electricity,

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U.S. Energy Information Administration

2007

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In 2006, Russia’s real gross domestic product (GDP) grew by approximately 6.7 percent,

surpassing average growth rates in all other G8 countries, marking the country’s seventh

consecutive year of economic expansion. Russia’s economic growth over the past seven years

has been driven primarily by energy exports, given the increase in Russian oil production and

relatively high world oil prices during the period. Internally, Russia gets over half of its domestic

energy needs from natural gas, up from around 49 percent in 1992. Since then, the share of energy

use from coal and nuclear has stayed constant, while energy use from oil has decreased from 27

percent to around 19 percent.