Since the beginning of the COVID19 pandemic in early 2020, Russia has committed at least USD 8.44 billion to supporting different energy types through new or amended policies, according to official government sources and other publicly available information. These public money commitments include:
- At least USD 8.44 billion for unconditional fossil fuels through 10 policies (4 quantified and 6 unquantified)
- No public money commitments identified for conditional fossil fuels
- No public money commitments identified for unconditional clean energy
- No public money commitments identified for conditional clean energy
- Some public money committed for other energy (1 policy with the value of public money unquantified)
Supporting fossil fuel energy
Supporting clean energy
By energy type, Russia committed at least USD 8.44 billion to oil and gas (at least USD 8.44 billion to unconditional oil and gas).
In addition, no public money commitments identified for coal.
Further, no public money commitments identified for hydrogen based on fossil fuels.
Finally, no public money commitments identified for multiple fossil fuels.
A considerably larger amount of public money committed to supporting the economy and people of Russia through monetary and fiscal policies in response to the crisis may also benefit different elements of the energy sector. However, these values are not available from official legislation and statements and therefore are not included in the database. Meanwhile, in addition to monetary and fiscal measures, the database lists other policies and regulations that can also provide benefits to producers and consumers of different energy types.
These public money commitments are additional to many other government policies that had existed to support different energy types before the COVID19 pandemic.
Public money commitments to fossil fuels, clean and other energy in recovery packages, USD billion, as of 21 October 2020
|Country||Jurisdiction||Category||Policy name||Sector||Energy Type||Mechanism||Value committed, USD||Date of announcement||Policy type||Stage||Legislation and Endorsing Agency||Arm of Government||Primary and secondary stated objective of the policy||Date of entry into force||Implemented repeal date, if any||Value as stated (specify currency)||Value committed, national currency||Value disbursed, national currency||Value disbursed, USD:||Policy background||Links to official sources||Links to additional sources|
|Russia||National||Fossil unconditional||Gazprom will allocate RUB 526 billion from 2021 to 2025 for gasification of Russian regions||Multiple sectors||Gas and gas products||Budget or off-budget transfer ...||7589201979.5409||2020082424/08/2020||Fiscal||Exploration or production or processing or storage or transportation||Investment program of Gazprom||SOE||Gasification of regions||01/01/2021||31/12/2025||₽526,000,000,000||526000000000||For 2021-2025 at the expense of Gazprom's investments in the amount of RUB 246.8 billion for gas pipelines, branches and GDS (gas distribution stations) and RUB 279.3 billion for inter-settlement gas outlets. A total of RUB 526 billion will be allocated by Gazprom under the program.||
|Russia||National||Fossil unconditional||Oil and gas support measures within the federal law “On state support of entrepreneurial activ...||Resources||Oil and gas||Other hybrid support measures||2020071313/07/2020||Fiscal||Exploration or production or processing or storage or transportation||Government of Russia||Government||- Economic development of Russian Federation's Arctic Zone - Promotion of investment and business activities in the Arctic Zone - Creation of an economic basis for advanced social development and improvement of the quality of life in the Arctic zone of the Russian Federation.||28/08/2020||Article 14 of the new law postulates that residents of the Arctic zone will be granted tax incentives and subsidies if they invest in new projects in the Arctic zone. These include tax incentives by the local and regional authorities and a reimbursement of a part of the insurance premiums paid to the state extrabudgetary fund. Resident support measures also include subsidies to reimburse the interest rate on loans and the costs of payment of a coupon yield on bonds, issued for the implementation of the investment agreement. Some of these support measures are likely to benefit fossil fuel companies. Previously, Vice prime minister Trutnev stated that the corresponding preferences will be divided into 5 groups, each with its own incentives: offshore extraction projects; projects for the construction of LPG and gas processing plants; projects for the development of new oil fields in the Eastern Arctic; projects for the extraction of solid minerals; other projects, including small and medium businesses. Additionally, Article 27 of the law mentions that the Russian Tax Code establishes federal tax benefits for organizations that carry out the prospecting and evaluation of hydrocarbon deposits, exploration and (or) extraction of hydrocarbon raw materials, and organizations carrying out activities related to the production of hydrocarbon raw materials at new offshore hydrocarbon deposits in the Arctic zone.||
http://publication.pravo.gov.ru/Document/Text/0001202007130047 Accessed 18 August 2020
https://sozd.duma.gov.ru/bill/895550-7 Accessed 18 August 2020
|Russia||National||Other energy||Energy Strategy of the Russian Federation to 2035||Multiple sectors||Multiple energy types||Uncategorized||2020060909/06/2020||Other||Several energy stages||Government of the Russian Federation||Government||To ensure meeting domestic energy demands and increased energy exports||09/06/2020||The Russian Ministry of Energy was developing the Energy Strategy to 2035 for several years before the COVID-19 crisis in 2020 to replace the prior Energy Strategy to 2030. On 9 June 2020, the Government of the Russian Federation approved the final version of the Strategy. It sets the strategic goals in the fuel and energy complex to be operationalised by other government activities, including funding under ongoing federal target programs. The Strategy pursues meeting domestic energy demands and increased exports. The Strategy recognises the "inevitability of new geopolitical and global economic crises" and forecasts 5-9 per cent growth in fuel production by 2024 (over 2018), an increase in fuel and energy exports of 9 to 15 per cent, and increases in investment in the industry by 1.35–1.4 times based mostly on fossil fuel developments, with some targets for nuclear, hydropower, energy efficiency and renewable energy sources.||
http://government.ru/en/docs/39847/ Accessed 4 August 2020
http://static.government.ru/media/files/w4sigFOiDjGVDYT4IgsApssm6mZRb7wx.pdf Accessed 4 August 2020
|Russia||National||Fossil unconditional||Gazprom will cover 30% of the total costs of vehicle converstion to gas-fired engines, in tandem wit...||Mobility||Gas and gas products||Other hybrid support measures||2020061919/06/2020||Other||Energy use (all energy types, consumption in transport, household use, buildings etc)||Gazprom||SOE||To stimulate domestic demand for gas and to convert transport fleet to gas||19/06/2020||Gazprom will cover 30% of costs of converting cars, trucks and other vehicles to gas-fired engines.||
https://www.kommersant.ru/doc/4389118 Accessed 21 June 2020
|Russia||National||Fossil unconditional||Increase in the volume of mandatory fuel sales by oil companies at SPIMEX||Mobility||Oil and oil products||New or extended regulation (IT...||2020071616/07/2020||Other||Energy use (all energy types, consumption in transport, household use, buildings etc)||Ministry of Energy & Federal Antimonopoly Services||Government||To maintain the stability of the motor fuel market amid accelerated recovery in demand; to further develop exchange trading and increase the transparency of market participants||FAS and the Ministry of Energy agreed to increase the minimum volume of sales of petroleum products on the stock exchange to 11% (from 10%) for gasoline and 7.5% (from 6%) for diesel fuel. It was also decided to introduce liability measures for oil companies for non-compliance with the regularity and uniformity of sales requirements when selling oil products on the exchange. This measure is expected to increase fuel supply to the domestic market and keep fuel prices at a lower level.||
https://fas.gov.ru/news/30140 Accessed 20 July 2020
https://minenergo.gov.ru/node/18354 Accessed 20 July 2020
https://www.kommersant.ru/doc/4417973?from=vybor Accessed 20 July 2020
|Russia||National||Fossil unconditional||Automotive industry coronavirus support package||Mobility||Oil and oil products||Budget or off-budget transfer ...||360703516.13788||2020052121/05/2020||Fiscal||Energy use (all energy types, consumption in transport, household use, buildings etc)||Government of Russia||Government||To support industries and businesses affected by the spread of coronavirus infection and ensure the demand for their products||21/05/2020||RUB 25 billion||25000000000||The government will allocate RUB 25 billion to support the automotive industry. Of this, RUB 5 billion will be spent on the purchase of ambulances. The rest will be split between preferential car loans and leasing and advance purchases of domestic automotive equipment for the needs of state-owned companies.||
http://government.ru/news/39724/ Accessed 27 July 2020
https://www.rbc.ru/economics/21/05/2020/5ec654ab9a7947a8dc3f0be4 Accessed 27 July 2020
|Russia||National||Fossil unconditional||Increase in the subsidy for converting vehicles to gas-fired engines from 30% to 60% of the total re...||Mobility||Gas and gas products||Budget or off-budget transfer ...||2020061919/06/2020||Fiscal||Energy use (all energy types, consumption in transport, household use, buildings etc)||Decree of the Government of the Russian Federation № 886 of 19 June 2020 "On Amendments to the Annex № 29 to the State Programme of the Russian Federation "Development of the Energy Sector||Government||To stimulate domestic demand for gas and to convert transport fleet to gas.||19/06/2020||The government increased its subsidy for converting cars, trucks and other vehicles to gas-fired engines from 30% to 60%. Gazprom will cover another 30%. Vehicle owners will only have to pay 10% of the costs.||
http://government.ru/news/39909/ Accessed 21 June 2020
http://static.government.ru/media/files/7ZGOcyfSxuLjb0C7XsFWShlyQAQfv0aM.pdf Accessed 21 June 2020
https://www.kommersant.ru/doc/4389118 Accessed 21 June 2020
|Russia||National||Fossil unconditional||Airline subsidies due to coronavirus traffic decreases||Mobility||Oil and oil products||Budget or off-budget transfer ...||337618491.10505||2020051313/05/2020||Fiscal||Energy use (all energy types, consumption in transport, household use, buildings etc)||Decree of May 13, 2020 No. 661/Government of Russia (Ministry of Transport)||Government||To help airlines survive the period of restrictions associated with the difficult epidemiological situation and maintain employment.||13/05/2020||23400000000||The subsidies are calculated as follows: airlines will be paid RUB 365 for each passenger lost in the reporting month of 2020 compared to the same month of 2019, from February to July. Airlines can use the subsidies to cover salaries for pilots and flight attendants, payments to Russian leasing companies and for airport services.||
http://government.ru/news/39681/ Accessed 2 June 2020
https://www.vedomosti.ru/business/articles/2020/05/07/829797-mintrans-predlozhil Accessed 2 June 2020
|Russia||National||Fossil unconditional||Partial compensation of operation costs by airports||Mobility||Oil and oil products||Budget or off-budget transfer ...||157266733.03611||2020052929/05/2020||Fiscal||Energy use (all energy types, consumption in transport, household use, buildings etc)||Decision of the Government of Russia № 1436-р of 29 May 2020||Government||To partially compensate the costs in connection with losses of revenue due to the decrease in passenger flights as a result of the novel coronavirus infection spread.||29/05/2020||10900000000||The funds are assigned from the Reserve Fund of the Government of the Russian Federation to Rosaviatsiya, a federal government agency, which distributes the funds among the airports. Airports can use these funds to pay wages (except for top management), insurance fees and maintenance costs for buildings, equipment and transport.||
http://static.government.ru/media/files/bQABGNQCMuubI1iBiFIDUFSYYeV67ujz.pdf Accessed 29 May 2020
https://www.kommersant.ru/doc/4363810ё Accessed 29 May 2020
|Russia||National||Fossil unconditional||Temporary prohibition on import of certain fuels||Resources||Oil and oil products||New or extended regulation (IT...||2020052222/05/2020||Other||Exploration or production or processing or storage or transportation||Government||1. Energy security 2. Stabilization of internal fuel market||22/05/2020||01/10/2020||The list of fuels includes gasoline, diesel fuels, aviation (kerosene) fuel. The Government can review & extend the measure by July 15. The measure aims to protect domestic fuel producers from competition.||
http://publication.pravo.gov.ru/Document/View/0001202005250018?index=0&rangeSize=1 Accessed 25 May 2020
https://www.kommersant.ru/doc/4356100 Accessed 25 May 2020
|Russia||National||Fossil unconditional||Tax Code amendments introducing more tax incentives for natural gas development in the Arctic||Resources||Gas and gas products||Tax or royalty or govt fee bre...||2020031818/03/2020||Fiscal||Exploration or production or processing or storage or transportation||Government of Russia||Government||Increasing oil and particularly gas extraction in the Arctic and promoting the development of maritime transport.||18/03/2020||The measure is aimed at increasing oil and particularly gas extraction in the Arctic and promoting the development of maritime transport.||