* Top-3 companies in terms of money spent on inbound M&A deals in Russia for the stated period have been taken into consideration, as the source specifies.
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Investment share in oil & gas sector in Russia 2010-2019, by origin
The effect of economic sanctions imposed on Russia in 2014 led to a significant restructuring of inbound investment shares in its oil and gas industry. Namely, the investment share of European and North American origin fell from nearly ** percent to ** percent from one period to another, while Middle Eastern investment flows grew from zero to * of the total between 2015 and 2019, relative to the pre-sanctions period.
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KPMG. (February 28, 2020). Investment distribution in the oil and gas sector in Russia between 2010-2014 and 2015-2019, by origin* [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 05, 2026, from /statistics/1167557/russia-sanctions-effect-on-investments-in-oil-andgas-industry/
KPMG. "Investment distribution in the oil and gas sector in Russia between 2010-2014 and 2015-2019, by origin*." Chart. February 28, 2020. ÌÇÐÄÆƽâ°æ. Accessed August 05, 2026. /statistics/1167557/russia-sanctions-effect-on-investments-in-oil-andgas-industry/
KPMG. (2020). Investment distribution in the oil and gas sector in Russia between 2010-2014 and 2015-2019, by origin*. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 05, 2026. /statistics/1167557/russia-sanctions-effect-on-investments-in-oil-andgas-industry/
KPMG. "Investment Distribution in The Oil and Gas Sector in Russia between 2010-2014 and 2015-2019, by Origin*." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 28 Feb 2020, /statistics/1167557/russia-sanctions-effect-on-investments-in-oil-andgas-industry/
KPMG, Investment distribution in the oil and gas sector in Russia between 2010-2014 and 2015-2019, by origin* ÌÇÐÄÆƽâ°æ, /statistics/1167557/russia-sanctions-effect-on-investments-in-oil-andgas-industry/ (last visited August 05, 2026)
Investment distribution in the oil and gas sector in Russia between 2010-2014 and 2015-2019, by origin* [Graph], KPMG, February 28, 2020. [Online]. Available: /statistics/1167557/russia-sanctions-effect-on-investments-in-oil-andgas-industry/
