Putin: Russia over recent years has gained pace

Putin: Russia over recent years has gained pace


Thanks to the benefits in the development of fields in Eastern Siberia and shelf, stimulation of deep oil refining and production of quality motor fuels of the Russian energy industry in recent years has gained pace, said President Vladimir Putin.

MOSCOW, 27 Jan. The Russian energy industry in recent years has gained pace, largely due to the benefits on the development of deposits of Eastern Siberia and a shelf, said the President of the Russian Federation Vladimir Putin.

“Before we start, I would like to make several important points. In recent years the Russian fuel and energy complex, its basic industry, have set a good pace, largely due to the decisions that we took in previous years. First of all, I mean benefits in the development of fields in Eastern Siberia and shelf, stimulation of deep oil refining and production of quality motor fuels,” said Putin, opening a meeting of the Commission on fuel and energy complex.

He recalled that these measures allowed us to make unique discoveries of new reserves, including on the Arctic shelf to increase oil production, increase investment in deep oil refining and, in General, to set a positive dynamics of qualitative changes in the Energy sector.