Russia reduced gas exports in 2023

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In the 11 months of 2023, Russia’s gas exports physically decreased by 34% on an annual basis, and its oil exports decreased by 7%. In an interview with a TV channel on this subject “Russia 24” said Ruslan Davydov, acting head of the Federal Customs Service.

According to him, gas supply abroad has decreased by 69% in monetary terms. Davydov noted that oil suffered less damage thanks to alternative routes.

The official added that energy exports were redistributed from the West to the East and South. The main buyers of Russian hydrocarbons are China, India, Türkiye and the EAEU countries.

Before that, acting head of the Federal Customs Service saidIt was stated that thanks to the “flexible” export taxes implemented as of October 1, 2023, customs officers managed to collect more than 117 billion rubles in the form of tax payments. Tariffs were imposed on alcohol, tobacco, fish, dairy products and other goods. The amount of duties depends on the ruble exchange rate, which protects the domestic market.

As Davydov noted, FCS transfers about 29 billion rubles of customs duties per working day to the federal budget. Temporary export duties are designed to protect the Russian domestic market in conditions of fluctuation in the national exchange rate.

Formerly in the Federation Council approved Suspension of tax agreements due to sanctions against the Russian Federation.

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