Russia’s Oil And Gas Revenues Rose By 15% In September ...Middle East

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Russia’s Oil And Gas Revenues Rose By 15% In September
source : OILPRICE ( Middle East ) () 23
Russia’s oil and gas revenues increased by 15% from August to $7.4 billion (739.9 billion Russian rubles) in September, due to higher budget proceeds from the extraction tax and export duties, finance ministry data showed on Wednesday.   Rising oil prices in September led to higher budget proceeds from the so-called mineral extraction tax, according to the data. For January to September, Russia’s oil and gas revenues dropped by 34.5% year-over-year to $56 billion (5.576 trillion rubles). The decline was due to lower natural…

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