“When we take measures in favour of consumers, we cannot forget, as I said, the problems of electricity suppliers. These are primarily payment discipline and offenses in power accounting – these should be excluded. The new rules include significantly higher consumer responsibility for unaccounted consumption or consumption without a prior contract.”
“We need to take effective steps to upgrade competition at the retail electricity market. Energy companies require stable, predictable conditions, steady and predictable demand and guarantees for the return of investments, which are quite considerable.”
“Currently we are creating all necessary conditions for the work of our companies, for developing new oil and gas provinces, for improving the sector's efficiency. These are financial incentives and the consistent development of transport infrastructure, including the pipeline network, which will doubtless create new conditions and new prospects for the sector.”
“Based on a system-wide approach, we began to create incentives for investment projects that will ensure the long-term growth of oil and gas production. Our goal is to create a flexible toolkit, including fiscal tools, to make all of the hydrocarbon production projects more attractive for investment. In this way, we will be able to strategically enhance Russian energy security and play a bigger role on the global energy markets.”
“A significant reserve means more field production and the sparing use of minerals, as well as the more active use and involvement of hard-to-recover oil reserves. As you well know, such projects need both serious investment and state-of-the-art technologies. And we need to create conditions that attract investment, so that beginning work on new sites and the exploration of technologically difficult fields are profitable and worthwhile endeavours for companies that allow them to recoup investment costs and earn economically justified profits.”
“Our long-term goal is to ensure that Russia is a leader on the global energy markets, to guarantee the growing domestic economic demand for hydrocarbons and to consolidate our positions on the world markets.”
“Today we will discuss amendments to the law that will simplify access of this associated gas to gas pipeline systems. We have an extremely important objective: it is clearly unacceptable to undermine the options and economic opportunities of major gas producers, but it is necessary to use the associated gas, too.”
“I think it makes sense to introduce one additional requirement on the energy companies in order for them to obtain certificates for their facilities regarding their readiness for coping with the autumn and winter peaks. This new requirement should be to have long-term contracts for the delivery of alternative types of fuel so that any problems that arise can be solved quickly and without any fuss.”
“First, we need to increase the industry’s capabilities, enhance its infrastructure, resolve the bottleneck problems in the gas distribution system and build new gas storage facilities. This will ensure that we have room for maneuver and can meet the demand both on the domestic and foreign markets. Secondly, an intense gasification of Russian regions is a priority.”
“We need to take a closer look at the opportunities offered by the LNG market. So far there is only one big project operating on Sakhalin-2. New liquefaction plants are due to appear in the coming years as a result of the exploration of the Yamal and Shtokman deposits. Russian liquefied natural gas should occupy a large niche in the global energy markets.”