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Instruction following meeting on developing fuel and energy sector

May 21, 2020

Vladimir Putin approved a list of instructions following the meeting on developing the fuel and energy sector that took place on April 29, 2020.

The Government of the Russian Federation has been instructed to ensure the non-application of sanctions for deviations in oil production volumes from the indicators set in the initial plans for raw hydrocarbon fields development for the duration of the agreement on cutting oil production reached by the OPEC countries and OPEC non-member states. The Government has also been instructed to resolve issues and, if necessary, take decisions regarding the introduction of Transneft and Russian Railways special tariffs for transporting oil and petroleum products during the agreement's validity.

The instructions to the Government concern, in particular, reducing the risks of the spread of the novel coronavirus (COVID-19) at fuel and energy production facilities that operate on a rotation basis; updating the layout plan for electric power facilities, including nuclear power plants, on the territory of Russia for the period until 2035; listing as strategic organisations oil service enterprises with annual revenues exceeding one billion rubles; introducing additional measures to boost the responsibility of sales companies to grid operators concerning payments for power transmission services.

May 21, 2020