Putin gave instructions to the government following the meeting on development of energy

Путин дал ряд поручений правительству по итогам совещания по вопросам развития энергетики

Russian President Vladimir Putin instructed the Russian government “to take measures to improve payment discipline in respect of the full payment of the consumed electric energy, thermal energy and gas consumers financed from the Federal budget.” The list of presidential instructions following a meeting on energy development from April 29, publishes the website of the Kremlin.

The guardian in question was appointed first Deputy Prime Minister Andriy Belarusians. The report on the execution of orders must be submitted before August 10.

Putin also instructed to keep this issue under control their envoys. “Plenipotentiary representatives of the RF President in Federal districts to take measures to improve payment discipline in respect of the full payment of the consumed electric energy, thermal energy and gas consumers financed from budgets of subjects of the Russian Federation and local budgets”, – stated in the order. The report on the execution of orders until 31 December 2020. Responsible: Alexander Gutan, Igor Komarov, Sergey Menyailo, Yuri Trutnev, Vladimir Ustinov, Nikolai Tsukanov, Yuri Chaika, Igor Shchegolev.

Informed energy celebrated the beginning of the introduction of quarantine measures in the country reducing the level of payments for energy. So MOEK reported a decrease in receipts of payments for heat, locking the deterioration of payment discipline for all categories of consumers, and some are up to 50%.

The Russian President also instructed the government to strengthen control to reduce proliferation risks COVID-19 at the production facilities of the fuel and energy complex (FEC), rabotayushih on a rotational basis. The Russian government instructed until June 15 to “provide greater control over the organization of activities aimed at reducing the risk of spread of the new coronavirus infection (COVID-19) for functioning in shifts production facilities of enterprises of fuel and energy complex”.

The government will examine the inclusion of oilfield services companies with revenues over 1 billion in the list of strategic

The government of the Russian Federation until June 15, will examine the question of the inclusion of oilfield service companies with revenues of more than 1 billion rubles in the list of strategic, reads the instructions of the President of the Russian Federation.

As reported, the Ministry of energy predicts that by the end of 2020 due to the economic crisis the OFS can lose about 30-40% of the volume of orders, and possibly more. The head of Department Alexander Novak emphasized that the industry is important to keep the time of recovery, supporting the demand for oil service companies.

The government will establish special rates for services “Transneft” and “Russian Railways” at the time OPEC+

The government should study the issue of establishment of special tariffs of PJSC “Transneft (MCX:TRNF_p)” and JSC “Russian Railways” for the transportation of oil and oil products for the term of the agreement to limit oil production OPEC+. The instruction should be executed before June 15, 2020.

In April, OPEC countries+ took a decision about joint decrease in oil production for a period of two years. Thus, in may-June decline in oil production will amount to 9.7 million b/d from October 2018, or 23%. In may, Russia should produce 8.5 million b/d of oil, therefore, will have to reduce the oil production of 2.1 million b/d.

As reported, at the meeting with Putin the head of “Rosneft (MCX:ROSN)” Igor Sechin raised the question of the harmonisation of tariffs of transport monopolies to the current prices in the market.” “We are not asking for any special privileges, but the alignment in response to falling prices would be for us, of course, significant. Currently 32% are transport costs from the cost of oil,” he said.

Tariffs “Transneft” in 2018-2020 were indexed by a factor of 0.9-1 to inflation. “Transneft” considers that the reduction of tariffs will increase the returns to the private shareholders of the oil companies at the expense of the state.

Will be installed, the deduction for excise duty on ethane and LPG in size, depending on the amount of investment

Putin instructed the government to establish a reverse excise duty on ethane and LPG for the petrochemical industry in size, which will depend on investment in capacity. The period of performance of this order until 15 June.

As previously reported, the approval of the bill to reverse the excise duty on ethane and LPG for the petrochemical industry was delayed because of disagreements between the departments in the sources of financing of the reverse excise on LPG.

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