... rubles. In the gas sector, MET and export duty revenues increased by only 8.6% to 1.4 trillion rubles, with MET collections growing 22.3% to 1.1 trillion rubles, while export duty revenues fell by 23.2% to 290.2 billion rubles due to declining export gas prices. Future Trends in Oil and Gas Revenues For 2024, the share of oil and gas revenues in the budget may exceed the planned level due to narrowing price discounts on Russian oil compared to global benchmarks. Experts estimate that the share could ...

On July 31, 2025, amidst ongoing fluctuations in global oil and gas prices, a significant event unfolded in the Russian energy market. The price of Brent crude surpassed $72 per barrel, generating a wave of news in the energy sector. The situation is exacerbated by new sanctions from the United States, including a ban ...

..., and high liquefied natural gas (LNG) supplies—around 12 billion cubic meters in June (primarily from the U.S., Qatar, and other exporters), which is also a record for a summer month. Thanks to high reserves and diversification of supply sources, gas prices in Europe have remained relatively stable in the summer of 2025. Prices at the largest TTF hub are significantly lower than the peak levels recorded during the 2022 crisis, fluctuating within a consumer-friendly range, although the current level ...

... natural gas (LNG) supplies. In June, around 12 billion cubic meters of LNG arrived on the European market, mainly from the U.S., Qatar, and other exporters, which is also a record for a summer month. Thanks to high reserves and diversification of supply, gas prices in Europe are relatively stable in summer 2025. Prices at the TTF hub are significantly lower than the peaks of 2022 and fluctuate within a consumer-friendly range. However, the current price level is still above pre-crisis average values. According ...

... from the U.S., Qatar, and other exporters) entered Europe in June, setting a record for summer month imports. Preliminary estimates suggest that this trend persisted close to maximum levels in July. Due to high stock levels and diversified supplies, gas prices in Europe this summer have remained relatively stable. Prices at the largest hub, TTF , are significantly below the peak crisis levels of 2022, fluctuating in a consumer-friendly range (although still above the pre-crisis average). According to ...