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Russia lost $ 3.6 billion in oil and gas revenues in March

In Russia, the volume of additional oil and gas revenues in the amount of 790 billion rubles is predicted for March.

According to the results of March, Russia received less than 302 billion rubles (more than $ 3.6 billion – ed.) In revenues from the sale of oil and gas. Interfax reported this in connection with data from the Ministry of Finance of the Russian Federation on Tuesday, April 5.

“The total deviation of the actual received revenue of oil and gas from the expected monthly volume and the estimate of the base monthly volume at the end of March 2022 reached minus 302 billion rubles,” the report said.

Russia’s Ministry of Finance states that “the adjustment is due to the deviation of gas export volumes from the forecast level, as well as the lower dynamics of revenues under the AIT regime and the growth of excise tax refunds on petroleum raw materials, including due to a change in the structure of certain elements of taxation. “

Initially, Russia predicted for March the amount of additional oil and gas revenues of the federal budget, associated with the excess of the actual price of oil at the base level, in the amount of 790 billion rubles. According to February results, the deviation from the plan amounted to minus 216.4 billion rubles.

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Source: korrespondent

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