“Russia’s revenues from sales of oil in January fell to the annual minimum – Bloomberg Purchase from the sale of oil to the budget of the Russian Federation in January approached the annual minimum due to the fall in prices. The total oil and gas income amounted to 789.1 billion rubles, of which 73% from the oil sector.”, – WRITE ON: Unn.ua
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It is noted that oil taxes increased to 572.6 billion rubles ($ 5.8 billion) compared to $ 501.2 billion a year earlier. The total income from the oil and gas industry of Russia amounted to 789.1 billion rubles ($ 8.05 billion), of which about 73% received from oil and petroleum products, compared to 675.1 billion rubles ($ 6.89 billion) a year earlier.
These figures do not yet reflect the influence of broad sanctions of the United States imposed against the Russian oil industry last month, since the Ministry of Finance has calculated cash flows from oil sales based on December production and oil prices,
Last month, the Government of the Russian Federation paid 156 billion rubles ($ 1.59 billion), which is a five -month maximum, gasoline and diesel fuel producers for fuel supply to the domestic market.
January revenues from Russia’s gas industry alone have increased by almost a quarter compared to last year to more than more than 216 billion rubles ($ 2.20 billion) due to increased exports by pipelines and increasing demand in the domestic market.
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