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Home » Russia’s oil and gas budget revenue down by a third y/y in June, ET EnergyWorld
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Russia’s oil and gas budget revenue down by a third y/y in June, ET EnergyWorld

omc_adminBy omc_adminJuly 3, 2025No Comments1 Min Read
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Russia has been building closer ties with Myanmar's military junta, which seized power in 2021 by toppling the elected government of Nobel peace prize winner Aung San Suu Kyi.
Russia has been building closer ties with Myanmar’s military junta, which seized power in 2021 by toppling the elected government of Nobel peace prize winner Aung San Suu Kyi.

MOSCOW: Russia’s oil and gas revenue declined by 33.7% in June to 494.8 billion roubles ($6.29 billion) from the same month a year earlier, finance ministry data showed on Thursday, amid weak oil prices and a strengthening rouble.

Revenue also fell by 3.5 per cent

from May.

Reuters expected the revenue to fall to 490 billion roubles, based on its own calculations.

($1 = 78.7000 roubles) (Reporting by Darya Korsunskaya and Vladimir Soldatkin; Editing by Susan Fenton)

Published On Jul 3, 2025 at 02:50 PM IST

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