Russia to reap huge profits from energy exports — media ...News

Russia Today - Economy
Russia to reap huge profits from energy exports — media
source : Russia Today ( News ) () 12
Estimated revenues from sales of oil & gas to amount to $321 billion Russia’s energy revenue is expected to skyrocket this year if trading partners continue purchases of oil and gas from the sanction-hit country. Russia will get an estimated $321 billion in energy exports in 2022, marking a surge of more than a third compared to last year, according to a Bloomberg analysis published Friday. “The single biggest driver of Russia’s current account surplus continues to look solid,” Bloomberg quoted economists at the Institute of International Finance (IFF), as saying in a report. “With current sanctions in place, subs

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