H2 & Carbon Capture Newsletter #9 | March 9, 2022 Copy

Russia: Endangered Energy Economy

Russia is a major energy exporting country – half of the Russian government budget and more than a third of the country’s GDP is oil and natural gas. It is number one or two oil and natural gas exporter. Russia’s economy is built on oil and gas exports. Its economy would collapse economically and militarily without exports.

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Joe Barone 610-764-1232 jbarone@shaledirectories.com

Tom Gellrich 367-205-1263 tom.gellrich@h2-ccs-network.com

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