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The share of oil and gas revenues in the 2024 budget is growing beyond the planned levels.
Comment for "Vedomosti" on the increase in budget revenues from oil and gas.
In 2024, the share of oil and gas revenues in Russia's budget is growing faster than anticipated. What is driving this increase, how will it impact the economy, and will the country be able to handle potential risks? Read more about this in our ...
Where does Gazprom invest?
... network and LNG infrastructure. The impact on the Russian economy, investment opportunities for shareholders, prospects in Europe and Asia, as well as Gazprom's efforts in environmental technologies and digitalization are considered.
1. Gazprom
Sector: Oil and Gas
Investments in 2023: RUB 2,519.1 billion
Investments in 2022: RUB 2,294.5 billion
Gazprom's main assets
1. Gas fields
Gazprom has the world's largest natural gas reserves, accounting for over 70% of Russian and about 16% of global gas production. ...
An expert assessed the impact of increased gas supplies to Europe on the growth of industry revenue
... Russia's natural gas production in the first seven months of 2024 increased by 10.6%, reaching 334 billion cubic meters, added the CEO of OPEN OIL MARKET.
"The increase in revenue from the gas sector has become one of the reasons for the growth in oil and gas budget revenues, which rose by 56% in the first eight months of 2024—from 4.84 trillion to 7.56 trillion rubles. It is likely that the growth in MET and export duty revenues on gas will continue in the coming months, as gas transit through the Sudzha ...
FEC News – Sunday, August 3, 2025: Brent around $73; Asia Becomes Main Market for Russian Oil Exports
On August 3, 2025, the energy market is undergoing new changes related to oil and gas prices. Amid global economic uncertainty, the price of Brent oil has reached $73 per barrel. Increased attention to the Asian market is prompting experts to rethink the structure of oil exports from Russia. In this article, we will take a detailed ...
Fuel and Energy Complex News - Saturday, August 2, 2025: Brent around $73; gasoline exports from Russia restricted to stabilize prices
... prevented escalation of a long-standing trade dispute. The parties agreed on mutual tariff reductions and a substantial increase in U.S. energy exports to Europe, improving investor sentiment and enhancing expectations for increased demand for U.S. oil and gas. Furthermore, the U.S. has intensified dialogue with India to eliminate trade barriers, easing global market tensions.
Geopolitical risks and sanctions uncertainty.
U.S. President Donald Trump has intensified rhetoric against Moscow, issuing an ultimatum ...