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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

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

State regulation of the oil and gas sector in 2018, prospects for 2019
Gazprom on Path to New Reality
Looking for Best Tax Treatment of Oil and Gas: Fiscal Experiments Continued
The subject of taxation became the absolute hit of 2018. The government once again decided to rewrite the rules of the game. President Putin’s new inauguration decree served as the main pretext. It turned out that about 8 trillion roubles extra was necessary for the new national projects announced. The Cabinet did not take long to decide where the funds should be taken. The result was acceleration of the so-called tax manoeuvre started as far back as 1 January 2015. It suggested shifting the tax burden to the wellhead: the effect on the state budget of gradual abandonment of the export duty will be more than compensated for by quicker growth in mineral resources extraction tax (MRET). The laws on tax reform have already gone through the parliament and will take effect as of next year. This means nothing good for companies.
Results of Pivot to the East in Oil and Gas Sector
New government structure and FES: Reformatting the state system administrating the sector

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

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