
Russia's oil and gas revenues amounted to 452.4 billion rubles in September
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The Ministry of Finance publishes monthly data on the receipt of oil and gas revenues into the federal budget.
At the end of September, Russia's oil and gas revenues amounted to 452.4 billion rubles, which is 28.4 billion more than in August. This is stated in a message on the website of the Ministry of Finance.
At the same time, in annual terms they fell by 22 percent, and fell short of the expected level at the end of the month by more than ten billion rubles.
Separately, the mineral extraction tax (MET) brought in 807 billion rubles, which is 105 billion more than in August, with fees increasing from both oil and gas.
However, the weak final result compared to last year and the middle of this year is explained by significant payments for the damper mechanism. Oil companies received 305.5 billion rubles as compensation for curbing fuel prices, which was a record value this year.
In October, the department expects an increase in the volume of additional oil and gas revenues of the federal budget to 289.46 billion rubles due to rising oil prices in September. Tax collection is structured in such a way that the rise in prices of raw materials in the world is reflected in the results of payments next month.
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Increase in the volume of additional oil and gas revenues to 289.46 billion rubles in October
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