VLADIMIR PUTIN
Prime Minister
of the Russian Federation

Point of View

24 january
2012
Fuel and energy sector 38

“I would firstly like to point out the need to be very careful about exploring the stocks of both existing and newly discovered fields. I am talking about traditional mining areas such as Kuzbass, Eastern Donbass, Vorkuta, and prospective areas in Tuva and Yakutia. Second, we need to step up the implementation of the latest coal production, processing and enrichment techniques, which significantly increase the added value. <…>Third, we will need skilled employees and scientific research if we want to bring the coal industry in line with the highest international standards. <…>Fourth, we need to remove all infrastructure limitations that stand in the way of the further development of the industry.”

Vladimir Putin
At a meeting on the results of the coal industry’s modernisation and development prospects, Kemerovo, January 24
24 january
2012
Fuel and energy sector 38

“In 2011, Russia produced a total of 336 million metric tons of coal. The results of the Russian coal industry were quite good last year. Profits increased by more than 50%, reaching 122 billion roubles. A solid financial foundation allows us to invest in the development and modernisation of new fields, and the re-equipment of the currently operating facilities. This all pays off in the form of a modern and competitive industry.”

Vladimir Putin
At a meeting on the results of the coal industry’s modernisation and development prospects, Kemerovo, January 24
24 january
2012
Fuel and energy sector 38

“Now for the future prospects. Experts predict that the demand for coal will grow in the coming decades, both in Russia and in the global market, which is particularly important. Our coal industry, related industries and transport infrastructure must be ready to respond to this demand. We must be able both to maintain and to significantly extend our presence in the market, including the highly promising Asian and Pacific markets.”

Vladimir Putin
At a meeting on the results of the coal industry’s modernisation and development prospects, Kemerovo, January 24
26 december
2011
Fuel and energy sector 38

“Our tasks are modest: we want 25% of our total energy to come from nuclear power, but even that is a challenge. It means that in the coming years we must build as many nuclear reactors as were built during the whole history of the nuclear industry in the Soviet Union. That will be sufficient and necessary to ensure a balanced structure for the Russian power industry.”

Vladimir Putin
At a meeting with Deputy Prime Minister Dmitry Rogozin, December 26
19 december
2011
Fuel and energy sector 38

“There should be strict requirements involved in the management of power companies with public shareholdings. It is no secret that the risk of corruption is potentially very high in this sphere, as is the likelihood of a clash of interests. <…> It seems fair that the heads of these entities, their family members and close relatives be required to inform the Ministry of Energy about their income and property status. These heads should be dismissed if some shady connections are uncovered.”

Vladimir Putin
A meeting of the government commission on electricity generation, Republic of Khakassia, December 19
19 december
2011
Fuel and energy sector 38

“As for the power-generating industry, one can safely say that the country has overcome all crises. <…> We need to create a powerful energy foundation for our overall national development and industrial growth, and to develop new territories and the vast expanses of our country, to facilitate a reliable base of power-generation for the operation of the housing/municipal utilities infrastructure and the social sphere. Moreover, we should not forget that the modernisation of the power industry’s infrastructure creates a substantial demand for science, engineering centres, as well as such affiliated sectors as engineering and the construction industry.”

Vladimir Putin
A meeting of the government commission on electricity generation, Republic of Khakassia, December 19
19 december
2011
Fuel and energy sector 38

“Our aim is to create an objective and economically justified mechanism for power pricing. The consumer should pay a price that is fair, not one that is simply pulled out of a hat. No one is saying that a system should be devised that will ruin the electrical energy industry or the power sector in general. No, of course not. But there is no justification for having exorbitant prices either. Otherwise we are creating insurmountable obstacles for our national economic development.”

Vladimir Putin
A meeting of the government commission on electricity generation, Republic of Khakassia, December 19
19 december
2011
Fuel and energy sector 38

“The Sayano-Shushenskaya hydroelectric power station has seen its fifth hydropower generation unit come into operation. Importantly, this new unit was built after the accident to more advanced specifications, including higher safety standards and increased reliability. The plan is to replace all the plant’s 10 turbines over the next three years. Some of the new units have already been delivered to the plant, and are waiting to be installed. The overhauled plant will come back on stream by the end of 2014.”

Vladimir Putin
A meeting of the government commission on electricity generation, Republic of Khakassia, December 19
8 september
2011
Fuel and energy sector 38

“Gas has reached Primorye and will be used to develop the region, directly serving the interests of the Russians who live here. <…> Next year we will launch one more large energy project: we will lay a gas pipeline from Yakutia in order to increase the energy security of the region and to enhance its stability.”

Vladimir Putin
At the commissioning ceremony of the first line of the Sakhalin-Khabarovsk-Vladivostok gas pipeline, Russky Island, September 8
6 september
2011
Fuel and energy sector 38

“The amount of gas that will be supplied is comparable to the energy produced by 11 nuclear power stations. This means that 55 billion cubic metres will be delivered annually for 50 years, and this is a significant contribution both to the European and global energy sector, while at the same time adhering to the most up-to-date environmental standards.”

Vladimir Putin
At an informal meeting with participants of the Nord Stream project, Leningrad Region, September 6
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