Russia one of the worlds leading Oil and Gas exporter and its looking to invest in its industry to improve its caperabilities to exact its Oil and Gas resources. Its estimated that Russia has used about 50% of its known Oil and Gas reserves and now its looking to attract investment to modernise its exploration infrastructure. The Global energy market is rapidly changing greater due to economic growth in russia and its fellow Bric counties of Brazil , India , China and the new Bric member South Africa which is helping to drive this Shale Gas revolution. In recent years Russia has been beating Saudi Arabia as the worlds largest Oil Producer. Russia's Prime Minister Mr Putin has stated that Russia must total modernise its Oil and Gas Infrastucture to keep up with demand and use its natural resources effienctly .

BricPartner belives Russia needs to invest 300 Billion US Dollars over the next 10 years to total modernise its Oil and Gas  Infrastructure and supply the world and its Bric Partners. If Russia does not invest to this level then its Oil and Gas Production levels could fall by up to 22% by 2020.