Monday , October 2 2023

Russia’s oil and gas revenues set to rise 14% in September – Reuters calculations

A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk/File Photo Acquire Licensing Rights

MOSCOW, Sept 19 (Reuters) – Russia’s oil and gas revenues, which account for around a third of total federal budget proceeds, are set to rise to around 733 billion roubles ($7.6 billion) in September, up 14% from the previous month, Reuters calculations showed on Tuesday.

The corresponding figure in September 2022 was 688 billion roubles.

The rise reflects a 24% month-on-month increase to 1.1 trillion roubles in proceeds from a…

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