Russian OIL and GAS in June 2024: +50%

… year on year to $9.4 billion

… accounts for about a third of the country’s federal budget

… June oil and gas revenue at 814 billion roubles ($9.4 billion)

… up from 794 billion roubles in May 

… 529 billion roubles in June 2023

… For 2024 as a whole … 10.7 trillion roubles

… up 21% from 2023

… high rates of economic growth they outstrip that of Western economies

… The economy grew 3.6% in 2023

 

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