![]() ![]() In Russia there are five major oil and gas provinces located in European part of the country and in Western Siberia in 10 regions and 11 provinces and republics: West Siberian, Volga-Urals, Timan-Pechora, the North Caucasus and the Caspian Sea area. In 2005 Russia was the richest country in gold reserves. ![]() Russia also occupies a leading position in the world in wood provision. In terms of reserves of iron ores Russia takes the first place, in tin – the second, lead - the third. Russia is ranked first in the world by gas reserves (32% of world’s reserves, 30% of world production), the second in oil production (10% share of world production), the third - in coal reserves (22 coal basins, 115 fields, including those in European Russia - about 15.6% in Siberia - 66.8% in the Far East - 12.9%, in the Urals - 4.3%). There are large deposits of fuel and energy resources: oil, natural gas, coal and uranium ore. Natural resources used by the economy of Russia account for 95.7% of national wealth. ![]() This fact places Russia on a special place among industrialized countries. Natural resources potential of Russia is over 20% of the world’s reserves. Natural Resources, Economy of Russia Natural Resources of Russia ![]()
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