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New system of managing oil and gas industry

New system of managing oil and gas industry

After inauguration of new old president Vladimir Putin, election of Dmitry Medvedev as prime minister and a two week pause following that, new composition of the government and the president’s executive office is finally configured.

Now it is possible to analyze in detail how the system of managing the oil and gas industry looks like after Putin and Medvedev have exchanged their posts. Why do these people occupy key positions? And what does this promise to enterprises in the fuel and energy sector?

The report elaborates on the following topics:

  • The tandem in the new political interior

    • The role of Vladimir Putin in work of the new government
    • The center of making economic decisions moves from the Cabinet to the president’s executive office
  • The system of checks and balances in the new government

    • Winners and losers
  • New figures formally responsible for the sector

    • What is there behind the logic of making adherents of the “hydrocarbon curse” concept in charge of the fuel and energy sector?
    • The real role of a corresponding deputy PM and energy minister
    • The decision making system in the new Cabinet
  • Igor Sechin heads Rosneft: more than just a mere businessman

    • First decisions on transfer of assets to Rosneftegaz, their consequences
  • First steps and main tasks of the new government

    • Strategic headquarters or fire brigade?
  • Forecast of medium-term developments

The contents of the report:

Introduction 3
Chapter 1. New Government and Parallel Bodies Managing FES 5
Chapter 2. Level of Ministries and Agencies: “Staff Salad Bowl” 13
Chapter 3. Bureaucratic Innovation – Ministry for Far East Development 25
Chapter 4. First Wars in New Staff Layout 34
Conclusion 39
Date of issue: July 9, 2012

If you are interested to obtain please contact » Elena Kim

Other issues:
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Analytical series “The Fuel and Energy Complex of Russia”:

New OPEC+ Deal and Future of Oil Business in Russia
Gazprom on the background of external and internal challenges
Regulation of Oil and Gas Sector in 2019 and Prospects for 2020
Fiscal Policy on Oil and Gas Sector: Revised as Often as Wikipedia
The tax system in the oil and gas sector continues to undergo radical changes. The beginning of 2019 saw the introduction of a new tax regime: additional income tax. That experiment was supposed to start migration of the oil industry to an innovative principle of taxation: on profit, not revenue. It seemed that a new main road was found. In the same year, however, the Finance Ministry launched an overt offensive against AIT. The fear of loss of government revenue now is more powerful than the threat of causing oil production to collapse in the medium term because of a tax system that does not stimulate investment. The Finance Ministry would strongly prefer to speed up the tax manoeuvre completion that earns the state budget additional money. Oil and gas companies respond to this with individual lobbying, attempting to wangle special treatment for their projects.
Ukrainian Gas Hub: Climax at Hand
The “zero hour” comes in less than a month: the contracts for gas transit through Ukraine and for supplying Russian gas to the country terminate at 10 am on 1 January. Meanwhile, Gazprom and Naftogaz are very far from looking for a mutually acceptable solution. The entire European gas business is watching intently the negotiations between Russia and Ukraine. Everyone is waiting for a new “gas war”: the January 2009 events proved to be a serious test both to European consumers and to Gazprom as a supplier. Is there still a chance of agreement? If there is not, will Gazprom cope with its obligations to deliver gas to Europe? Is Russia bluffing as it assures that the new infrastructure and gas in underground storage facilities will enable it to get by without Ukrainian transit even as soon as this winter? What will happen to Ukraine itself at the beginning of 2020?

All reports for: 2015 , 14 , 13 , 12 , 11 , 10 , 09 , 08 , 07

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