Business · Energy & Commodities · 9 hrs ago
Russia advances work on 80% of critical oil and gas equipment
Russia is developing or producing about 80% of 220 critical oil and gas equipment categories, First Deputy Prime Minister Denis Manturov said.
He spoke after a government meeting on import substitution held in St. Petersburg with Deputy Prime Minister Alexander Novak.
Import substitution aims to replace equipment previously sourced from abroad with domestic products.
The work covers equipment at different stages, from late research and testing to serial production.
Many projects still need to reach commercial use, Manturov said.
He said Russia already has engineering and manufacturing skills that could also serve industries beyond oil and gas.
Combining demand across industries could help factories use their capacity and lower costs for Russian equipment.
About 80% of 220 categories of critical oil and gas equipment in Russia are in advanced development, testing or serial production, Denis Manturov said.
Manturov and Deputy Prime Minister Alexander Novak held a meeting of the import-substitution coordinating council in St. Petersburg.
Manturov said further work is needed to bring all projects to commercial application.
He said Russia has engineering solutions and manufacturing capabilities that are in demand beyond the oil and gas sector.
He added that consolidating demand for products used across industries could increase factory use and lower equipment costs.
- Who
- Russian First Deputy Prime Minister Denis Manturov and Deputy Prime Minister Alexander Novak.
- What
- They held a meeting of the coordinating council for import substitution of oil and gas equipment. Manturov said about 80% of 220 critical equipment categories were in advanced development, testing or serial production.
- When
- October 20, 2026.
- Where
- St. Petersburg, Russia.
- Why
- The council aims to expand import substitution in oil and gas machinery and apply its experience across industries.
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- Equipment categories
- 220 critical oil and gas equipment categories
- Share in advanced stages or production
- Around 80%
- Meeting location
- St. Petersburg
- Meeting date
- October 20, 2026
What people are saying
To date, out of 220 critical equipment positions, around 80% are in the final stages of research and development, undergoing trials, or have already been mastered in mass production.
Certainly, a significant amount of work lies ahead to bring all projects to commercial application.