Having high opportunities for economic development, Russia still cannot boast of first places in the most significant areas of activity. Experts identify only a few sectors of the economy where the country has achieved a leading position. We are talking about oil production, nuclear energy and the space industry.
Oil production in Russia
Oil production and the production of petroleum products has always been a priority in the domestic economy. By the beginning of this decade, Russian oil workers have reached high rates of oil production - more than 10 million barrels per day. Thus, in the field of oil production, the Russian Federation secured the title of largest producer, having taken first place in the world by 2013.
Estimates of Western experts indicate that the Russian oil industry is quite capable of withstanding the indicated production rates over the next one or two decades. Experts also tried to calculate the time period during which the country's oil reserves would be exhausted while maintaining its current production rate. Scientists say that only taking into account the proven reserves, Russia can produce oil for another four decades, or even more.
Nuclear industry
Nuclear energy is actively and systematically developing in Russia. A special place in this sector of the economy is given not only to increasing the capacity of stations, but also to strengthening their safety. Russia produces installations for nuclear power plants not only for domestic use, but also for other countries, including the states of Africa, Asia and South America.
High demand on the world market is for Russian closed-loop fast-neutron reactor designs.
In the nuclear industry, Russia is considered a world leader in terms of scientific and technical developments related to the design of reactors, as well as in the development of nuclear fuel. Nuclear power plants of domestic production are considered in the world as one of the most reliable and safe. Demand for nuclear products is growing steadily, making this industry one of the most promising in the country.
