Resilient Growth for Russia’s Fuel and Energy Complex

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Strategic Framework for Russia’s Fuel and Energy Complex

To ensure the sustainability of the Russian fuel and energy complex, support must come from at least three pillars. Governor Alexander Moor of the Tyumen region stressed this at the plenary session of the TNF Industrial and Energy Forum, where the discussion focused on securing the independence of Russia’s energy sector.

According to Moor, the region relies on three pillars: industry, qualified buyers and science. He noted that regional authorities help establish communication among industry participants, serving as a bridge between producers and customers and aligning interests across the supply chain.

Moor pointed out that today more than seventy industrial enterprises in Tyumen specialize in oil and gas equipment production and oilfield services. He highlighted the oil and gas cluster as a clear example of state collaboration with participants, noting that the cluster currently includes 168 enterprises from 24 regions of the Russian Federation and serves as a hub for cross-regional cooperation, shared expertise and coordinated development efforts.

Anton Alikhanov, the Minister of Industry and Trade, announced the launch of a new tool called Cashback to the Consumer. The program provides reimbursement to buyers for the price difference between domestically produced fuel and energy equipment and their foreign counterparts under long-term supply agreements. The minister stated that manufacturers would progressively reduce final prices as production scales up and domestic capabilities expand.

Depending on the duration of the contract, the ministry will subsidize the price difference for one to three years, taking into account the producer’s obligation to reach a competitive price in the market and to stimulate gradual price compression as volumes rise.

Russian Energy Minister Sergei Tsivilev said that a strategy for the development of the energy sector through 2050 would be prepared by the end of the year. He explained that energy must grow in a way that does not become a limiting factor for the country’s economic development, and that policy will emphasize reliability, efficiency and domestic capacity building.

“Our president has set a task: we must have a supply-side economy in our country. The facility under construction must be guaranteed to provide electricity both at the required capacity during construction and when it reaches its full design capacity,” he said. The focus is on ensuring uninterrupted power supply for projects and communities alike, supported by strong transmission and grid resilience.

Belarusian Minister of Energy Alexey Kushnarenko noted the importance of relations between Russia and Belarus. He observed that the sanctions pressures have driven the two nations toward closer fraternal and partnership relations, reinforcing practical cooperation in energy projects, technology exchange and mutual support in challenging times.

The session participants also agreed that it is necessary to create a full-cycle fuel industry in Russia to establish conditions that will ensure the independence of the fuel and energy complex from sanctions, including domestic capabilities in exploration, production, refining and distribution, and a robust policy framework to shield the sector from external shocks.

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