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Prime Minister Vladimir Putin chairs a Government Presidium meeting

During the the meeting Vladimir Putin raised the issue of unreasonably high prices for oil products previously discussed at a meeting devoted to the fuel and energy sector in St Petersburg. He asked if there were any positive shifts in that area. Deputy head of the Federal Antimonopoly Service, Andrei Tsyganov, said the prices for diesel fuel in the capital had dropped by between 50 kopeks and one rouble per litre in the past few days. The Prime Minister instructed the FAS and Deputy Prime Minister Igor Sechin to follow through on this work to its logical conclusion. “The consumer must feel the price cut,” the Prime Minister stressed.

Events for 9 february 2011

Prime Minister Vladimir Putin holds a meeting in St Petersburg on the performance of Russia’s fuel and energy sector in 2010 and its objectives for 2011

“I have ample reasons to thank you for the results of 2010 – the shareholders of our major companies, the workers, the engineers, and everyone who contributed to our coa industryl, power engineering, nuclear power, oil and gas sectors <…> and I hope that we won’t see any more setbacks like the price hikes we witnessed and that the Federal Antimonopoly Service will prepare its proposals regarding transparent market pricing according to the relevant market reference points.”