$ 10 billion per month: Russian and gas revenues have increased by 80% - media (infographics)

According to journalists, the receipt of the Russian Federation from taxes for the sale of oil and gas last month amounted to 945. 6 billion rubles. The oil and gas sector provides a key source of income for the treasury. Despite the sanctions of the event, Russia's income from the sale of oil and gas in February jumped by more than 80% compared to the indicators for February 2023. They exceeded $ 10 billion because of higher prices, which is written by Bloomberg.

It is reported that the revenues to the budget of the Russian Federation from taxes for the sale of oil and gas last month amounted to 945. 6 billion rubles. The data is calculated using the price of the IRALS product. It is the main export product of the Russian Federation, which is sold for $ 65 per barrel.

According to journalists, Russia's oil and gas sector provides a key source of income for the national treasury, which is under pressure from increasing military expenditures as a result of an invasion of Ukraine. It is also reported that the Kremlin has the opportunity to increase payments to public sector employees.

The material states that the European Union has banned most of the oil imports of oil and petroleum products from Russia, and the Great Seven countries introduced a price limit of $ 60 at a barrel of Kremlin oil cargo. However, Moscow reportedly limited the impact of a price ceiling using a huge shadow fleet of tankers and working with buyers and intermediaries outside the West.