Q&A · 2:40:59-2:42:03

Could energy revenue support two Kirovs?

A February 2022 argument links Kirov affordability to continued energy sales and changing international prices.

Question

Could Russia afford two Kirov-class ships?

Short answer

That depends partly on oil and gas revenue, which could remain substantial while buyers continued purchasing at higher prices.

Notes

In this February 2022 assessment, the ability to fund two Kirovs depends partly on Russia's oil and gas income. Higher international prices could support those revenues while customers continued buying. The argument assumes that Western purchases would move to other suppliers and displace some other buyers toward Russia. A substantial increase in oil and gas output elsewhere could change the calculation. This is a conditional assessment of the economic situation at the time.