He russian federal budget had an income of 521.2 billion rubles ($6.95 billion) for the export of gas and oila 46.3% less than in the same month of the previous year, according to data published today by the Russian Ministry of Finance.
However, the results for the second month of the year improved by a 22.5% those of January, when the Russian oil and gas sector began to experience the impact of western sanctions by the Russian military campaign in the Ukraine.
According to Finance, last month the oil sector contributed to the budget for export duties and extraction taxes 532.1 billion rubles (about $9.1 billion)which represents an increase in 21.5% compared to January.
In those same sections, the Russian gas industry provided the fiscal coffers with 160 billion rubles (about $2.13 billion)a 28.1% more than January.
In the first two months of the year, Russia received a total of 946.770 million rubles (about 12.620 million dollars)when in the same period of 2022 he received 1.76 trillion rubles (about $23.5 billion).
The Russian Ministry of Finance acknowledged earlier this month that the average price of Russian brand crude Urals in January and February of this year it was reduced to $49.52 per barrel compared to the same months in 2022, before the invasion of Ukraine began, when the price was $88.89 per barrel.
On December 5th, the European Union embargo (EU) to oil from Russia by sea, a measure that coincided with the imposition by the EU, the G7 and Australia of a ceiling price of 60 dollars a barrel of Russian crude.
In addition, on February 5 the EU, the G7 and Australia also began to apply maximum prices to Russian petroleum products; 100 dollars per barrel of diesel and 40 dollars per barrel for other derivatives.
(With information from EFE)
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Source-www.infobae.com