Russia orders long-term oil and gas development schemes to 2050

The Russian government has tasked the Ministry of Energy with drafting general development schemes for the oil and gas industries through 2050, with a submission deadline of November 20, 2027. This is a planning directive, not an immediate policy shift, but signals Moscow's intent to formalize long-term hydrocarbon strategy amid global energy transition pressures. The schemes' content and any implied production targets remain unspecified.

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