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economicOct 20, 2026

Research, production underway for critical oil and gas equipment positions

Summary

Russian First Deputy Prime Minister Denis Manturov said that 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

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Russian Security Council Secretary Sergey Shoigu stated that mutual trade turnover reached $1.5 billion through the first seven months of the year, representing a 22-fold increase. These figures are based on Shoigu's official remarks and have not been independently verified.

Location: Oman