"Russia remains the world's largest primary energy exporter and the second largest oil and gas producer, with net exports of 712 Mtoe [Million tonnes of oil equivalent] and total oil and gas production of 1236 Mtoe by 2035," the report read.
Natural gas production in Russia is set to be the second largest in the world, after the United States, at 75 billion cubic feet per day in 2035. However, unlike the United States, most of Russia's gas production will come from conventional reservoirs, BP said.
Fossil fuels will account for 87 percent of primary energy consumption in 2035, a slight decline from 2013, with natural gas dominating the fuel mix.
The consumption of oil, gas, hydro and nuclear fuel is set to grow, with coal being the only fuel expected to decline, according to the forecast.
