https://sputnikglobe.com/20230725/russia-to-receive-885bln-in-revenues-from-sale-of-gas-oil-in-2023---finance-minister-1112126137.html

Russia to Receive $88.5Bln in Revenues From Sale of Gas, Oil in 2023 - Finance Minister

Russia to Receive $88.5Bln in Revenues From Sale of Gas, Oil in 2023 - Finance Minister

Sputnik International

The Russian Finance Ministry expects to receive the planned 8 trillion rubles ($88.49 billion) in oil and gas revenues in 2023 taking into account current oil prices, Finance Minister Anton Siluanov said on Tuesday.

2023-07-25T05:14+0000

2023-07-25T05:14+0000

2023-07-25T05:14+0000

russia

anton siluanov

russia

finance ministry

oil prices

oil and gas

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"Now we see that it is possible to reach 8 trillion rubles in revenue," Siluanov said in an interview with Russian newspaper, adding that the current price of Russian oil is $60 per barrel. He recalled that the Finance Ministry predicted the total volume of Russia’s oil and gas revenues at the level of 8.9 trillion rubles this year. Out of this sum, 8 trillion rubles will be spent to cover expenses, while the remaining 900 billion rubles are expected to be transferred to the Russian National Wealth Fund.

https://sputnikglobe.com/20230722/oil-prices-up-4th-week-in-row-amid-black-sea-tensions-opec-production-cuts-1112054919.html

russia

2023

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oil, gas, oil prices, oil revenue, russian oil costs