Alexander Novak Estimated Budget Revenues From the Oil and Gas Industry at 2.5 Trillion Rubles
Alexander Novak: exports of oil and gas products grew by 28% and brought the budget 2.5 trillion rubles.
Last year, Russian budget revenues from the oil and gas industry grew by more than a quarter, and Russia also increased the export of oil and liquefied natural gas (LNG), Deputy Prime Minister Alexander Novak said at a meeting with the head of government. The broadcast was on the air of the TV channel “Russia 24”
“I would like to note that Russian budget revenues from the oil and gas industry grew by 28% or 2.5 trillion rubles compared to last year,” Novak said.
Oil production last year amounted to 535 tons (+ 10 million tons or 2% compared to last year). Oil exports grew by 7%.
Export of liquefied natural gas in 2022 by 8%.
