Russia Monitor Monthly December 2020

Page 8

SOURCE: GOVERNMENT.RU

14 December 2020

NOVAK GETS SUPERVISION OVER ENERGY GIANTS Although Alexander Novak stepped down as Russia’s energy minister in November, he will still control Russia’s biggest oil and gas companies as a new deputy prime minister. Prime Minister Mikhail Mishustin approved a new division of powers in his cabinet to distribute control of some state businesses between deputy prime ministers.

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ccording to it, deputy Prime Minister Alexander Novak will supervise such companies as Gazprom, Rosneft, Transneft, Rosneftegaz, Zarubezhneft, Rosetti, FSK JES, Inter RAO, CO JES, and Rosharubezhneft. Novak was granted a power of attorney to accept directives for government officials in these companies. On November 13, Prime Minister 8

Mikhail Mishustin divided responsibilities bet ween his deput ies. For mer energ y minister Alexander Novak will be responsible for energy issues, earlier overseen by Yury Borisov. Under Mishustin’s decision, Novak’s purview would include the supervision over state-run nuclear company Rosatom. Any issues on the development of state defense www.warsawinstitute.org


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