The Russian Federation is an extremely interesting country in the world because it has managed to transform itself in such a way that is not only modern but also rather creative and progressive. It certainly has all the elements that are necessary for a successful state. Nevertheless, despite everything it is also a country that has certain flaws that need to be overcome. The main problem lies in its economy and hence its ability to attract investors. This has been a constant problem in the past but these days things have changed completely.
The capital, Ufa, region of the Volga River’s part of Bashkortostan, is around 1200 miles from Moscow. A very interesting fact about Ufa is that is not a part of the federal structure of Russia, but rather is a region within the country. So, it enjoys, like any other region in the country, the autonomous status and therefore the ability to conduct its own foreign trade independently. However, the people who live in Ufa and the region surrounding it are continuously harassed by armed forces of the Russian Federation who try to protect the inhabitants of the region from “fascists”.
This is quite ironic because the city of Ufa was declared a part of the federal framework of economic development of the country back in 1998 when it had shown profound weaknesses. At that time, there were no skyscrapers, no modern apartments, no real estate developments and most of the infrastructure was still in a rather primitive state. All these aspects are what led to the region being turned into a ghost town. However, now all these problems have been overcome and the city is developing very fast indeed. There are many new housing estates being built, housing more people every day and also, the real estate developers have signed one-year and two-year building contracts with numerous localities.
The main infrastructure of the town of Ufa consists of an airport, rail freight terminal and a number of companies involved in providing power supply and natural gas. Apart from these, there are also a few hotels and a few amusement parks. The economy of Ufa is mainly dependent on its petroleum products which are traded at quite high prices. In fact, many leading companies from Russia such as Volodka, Lukashiv, pipelines, refineries, and Druzhak producers are based in this city. All these factors make the oil industry of Ufa very important.
Moreover, as per the reports, there are many tourists who visit Ufa from all over the world every year. They spend about three million Rubles on eating at restaurants and buying souvenirs. These tourists mostly visit the cities of Irkutsk and Ural and they stay for approximately three days. There are a number of other tourists who spend about two weeks or more in Ufa.
Oil is the main commodity obtained from Ufa and it contributes about eighty percent of the total revenue of the town. The two-year crude oil price is around nine thousand dollars per barrel and it is predicted that the price will keep on increasing in the coming two years. The crude oil exporter Volochaska Corporation is the primary provider of oil to Ufa. Other than this, there are several other companies including the Oktyabosilnytsia production plant, TSN, Naotoisha, Kogashima, Japan’s top steel producer and the biggest chemical producer of Japan in terms of barrels produced.
Oil Refineries in Ufa: The plants extract the oil from the ground and then process the oil into fuel. It is one of the most important refineries in the world. The processing takes place in the following stages: First, the crude is processed into light diesel; then, it goes through a series of gravity processes to extract oil; and, last but not the least, it gets separated into gasoline and qo by using special catalytic units. As you can see from the above, the whole process of extracting oil from the ground consumes a lot of energy and if there are no oil refineries in the area, the cost of energy will increase. Therefore, investing in Ufa plays an important role when you want to save on energy consumption.
As you can notice, both the signed one-year and signed four-year gas contracts are very important to the economy of the city. If you want to take a tour in the refinery district, it would be better if you ask for the signed four-year gas contract rather than the one year gas contract. In the coming months, there will be another opportunity for you to invest your money into Ufa. Therefore, it is high time for you to get a piece of this profitable company.