Foreword 3 Eirik Wærness, Pöyry AS Energy and the Russian Economy 4 Laura Solanko, BOFIT Russian Gas - Has the 2009 economic crisis changed Russian gas fundamentals? 9 Daniel Buikema Fjærtoft, Pöyry AS Economic relations between Finland and Russia 22 Heli Simola, BOFIT The High North and Russo-Norwegian bilateral economic relations 32 Morten Anker, Pöyry AS A forecasting model for Russia's economy 42 Jouko Rautava, BOFIT Reflections on Modeling the Russian Economy 49 Daniel Buikema Fjærtoft, Pöyry AS