Russian energy revenues forecast to soar ...News

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Russian energy revenues forecast to soar
Additional earnings are expected to reach $6.67 billion in September, the finance ministry says Russia expects to receive a boost in revenues from energy exports this month, according to its finance ministry. September is expected to bring an extra $6.67 billion into the state coffers, adding to August’s additional earnings of $1.4 billion. “Thus, the total amount of funds to be received as additional oil and gas revenues will reach $8.07 billion,” the ministry said in a statement released last week. According to the statement, the finance ministry is not planning to purchase foreign currency or gold with the extr

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