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 ...

... 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. ...

... 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 ...

He shared his opinion on the creation of a new gas trading hub in Turkey with the readers of the newspaper "Vzglyad." Turkey and Russia continue to strengthen their energy cooperation, discussing the creation of a joint gas hub. This project could shift ... ... relates to the development of the Sakarya field in the Turkish part of the Black Sea,” says Sergey Tereshkin, CEO of Open Oil Market. The reserves of Sakarya are estimated to be at least 540 billion cubic meters of gas. Current gas production at ...

... 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 ...