Russia's Oil and Gas Revenues to Decline Significantly in 2025.
02.10.2024
1585
Journalist
Shostal Oleksandr
02.10.2024
1585
According to the budget draft materials, Russia's revenues from oil and gas sales in 2025 will decrease to 10.9 trillion RUB from 11.3 trillion RUB in 2024 due to changes in tax regulations on the MET for gas.
The government attributes the further decline in revenues to a decrease in oil prices and a change in the structure of extraction and processing. It is forecasted that oil and gas revenues will be 10.56 trillion RUB in 2026 and 9.77 trillion RUB in 2027.
"The decline in oil and gas revenues in 2025 compared to 2024 is primarily due to changes in legislation on the MET for gas," the materials state.
Source: enkorr
Read also
- Strategic Partnership: Ukroboronprom and Rheinmetall Expand Arms Production in Ukraine
- Around 200 vessels and dozens of companies: EU tightens the sanctions loop around Russia
- The enemy cannot accumulate forces near the northern borders of Ukraine - OTU 'Siversk'
- A day before the negotiations, Russians attacked Ukraine with ballistic missiles and 145 drones
- 'There is a limit to the abuse of veto': EU prepares response to Hungary blocking Ukraine's European integration
- Trump Administration Dismantles 'Green' Sector: Hundreds of Companies Prepare to Leave the U.S
