The dominating in the industrial potential of Bashkortostan are extracting industries - oil, gas and coal production, mining, timber procurement. The majority of oil fields are located in the north- west and west of the Republic, with substantial reserves near Ishimbai. Bashkortostan stands unchallenged among the CIS countries in terms of oil refining, the largest facilities being located in Ufa , Ishimbai and Salavat. They produce various brands of petrol, kerosene, diesel, mineral oil, coke, bitumen and furnace fuel. A considerable portion of oil produce is shipped outside the Republic.
Power generation plays a significant part in the economy.
The annual power production is 25bn kW-h most of which is generated by 12 thermal power houses. The chemical sector fabricates the nation-cheapest soda, synthetic alcohol, herbicides. Bashkortostan possesses favourable conditions for developing ferrous industry. The number one metallurgical company is the Byeloretsk Metallurgical Combine producing steel, pig iron, rolled stock, assorted metal items and steel ropes. Nonferrous industry is represented by copper-pyrite ore and gold producing and dressing companies.