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The share of oil and gas revenues in the budget of the Russian Federation decreased to 30.5%

14/06/2021
The share of oil and gas revenues in the budget of the Russian Federation decreased to 30.5%

Russia. Khanty-Mansi Autonomous Okrug (KhMAO) in Western Siberia. The Salym Petroleum Development Company joint venture between Shell and the Russian oil company Evikhon (a subsidiary of Sibir Energy). Oil production on Upper Salym oilfield

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Receipt of income significantly exceeded the forecast. They rose to almost 5.3 trillion rubles, stated the head of the Cabinet of Ministers Mikhail Mishustin on June 10 at a government meeting.

“Moreover, the share of oil and gas receipts has decreased to 30.5%, which means that dependence on the raw material component continues to decline,” Mishustin emphasized.

Russia’s revenues from oil exports in January-April fell by 10.9 percent compared to the same period last year. They amounted to $ 26.89 billion.

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