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Reuters - The Russian state's oil and gas revenues rose by around 15% in September, month-on-month, to 739.9 billion roubles ($7.44 billion), finance ministry data showed on Wednesday, thanks to a rise in proceeds from the mineral extraction tax.
Revenues from oil and gas sales, crucial for Russia's commodity-oriented economy, were also up 7.5% compared to the same month in 2022.
This was broadly in line with Reuters' preliminary calculations.
Oil and gas revenues in the entire January-September period declined by 34.5% to 5.576 trillion roubles, year-on-year.
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Source: EIA | Higher oil prices, increased drilling efficiency, and structurally lower debt needs...
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