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Electricity, Oil Prices Frozen Until After Elections

24 January 2012

The Moscow Times

Energy Minister Sergei Shmatko announced that the government has concluded agreements with oil and electricity producers to institute a price freeze on gas and electricity at December levels, despite a rise in oil tariffs, Interfax reported.

The Energy Ministry will monitor price levels to ensure they do not rise above December levels, Shmatko said at a meeting on regional issues.

Shmatko said that "in March-April-June" the ministry will carry out work on a planned transition "of not using anticipated prices, or December prices" for electricity.

Oil companies will be barred from raising prices until after the presidential election in March, Kommersant FM reported Monday.

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Electricity, Oil Prices Frozen Until After Elections

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Shipping Threatens to Trouble Baltic Waters

Gazprom May Increase Investment Spending

Companies in Airline Sector Report Growth

Bosch Plans to Expand Auto Plant in Saratov

Source: Dergunova Tapped to Lead Property Agency

Medicine Ads May Disappear, Defense Ministry May Pick Up Slack

Electricity, Oil Prices Frozen Until After Elections

Mon	Tue	Wed	Thu	Fri	Sat	Sun
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28	29	30	31	01	02	03