Russia’s oil and gas revenues were halved

According to the report of the International Economy reporter of Fars news agency, quoted by Tass, the Ministry of Finance of Russia announced in a statement published on the official website of this organization that in the first 5 months of this year, the country had 2.8 trillion rubles equivalent to 34.4 billion dollars in oil and gas income. which has decreased by 50% compared to the same period last year.

It is stated in this statement; The exact figure of the country’s oil and gas sales in January to May of this year was 2.853 billion rubles, which was halved compared to the same period last year, and the reason was the decrease in the price of Russian Ural oil and the decrease in gas exports of this country.

Of course, the Ministry of Finance of Russia has announced that the financial resources in the national wealth fund of this country will be used to meet the budget needs.

Forecasts indicate that Russia’s income from non-oil and non-gas exports for this year will be equal to 6.96 trillion rubles equal to 85.5 billion dollars, which will increase by 9% compared to the same period last year.

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