Russia’s revenue from the sale of oil and gas, which makes up about a third of the federal budget, will increase by about 14% in September compared to August, reaching ₽ 733 billion. This estimate is provided by the agency. Reuters based on your calculations.
In September last year, this figure was 688 billion rubles. This month’s growth was driven by a 24% increase in revenues from mineral extraction tax, reaching up to RUB1.1 trillion.
Net revenues are below gross revenue due to chargebacks, including part of the “dumper” to support domestic fuel supplies. According to Reuters estimates, RUB 278 billion will be spent on “dumpers” in September.
The publication states that oil and gas revenues are of critical importance for the Russian economy. The Ministry of Finance predicts a 23 percent decrease in 2023, when the budget deficit will be almost 3 trillion rubles.
Also Bloomberg sort ofIt is stated that the world is facing a diesel fuel shortage due to Saudi Arabia and Russia reducing oil production.
happened before known About the increase in Russia’s oil-related income in August.
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