discounts on oil from the Russian Federation for friendly countries are actually less and will be even less – Kommersant

Assistant to the President of Russia Maxim Oreshkin said that in reality, discounts on Russian oil for friendly countries are less than it is believed, and in the future they will be even less. So, during the discussion at SPIEF-23, he answered the question of how big a discount on oil from the Russian Federation can be for friendly countries.

“If we talk about discounts, then in reality they are less and will be even less. But you don’t have to tell anyone about it. Let everyone think that everything is bad,” said Mr. Oreshkin (quoted by RIA Novosti).

According to the Financial Times, India became one of the largest buyers of Russian crude oil since the start of the military conflict in Ukraine. Indian refiners began to profit more by buying Russian crude oil at a significant discount, the publication noted.

June 12 Pakistan informedthat buys Russian oil at a discount under a new agreement with the Russian Federation and pays for fuel in yuan. According to Reuters, Russian oil is also exported To China.

From January to May, revenues to the Russian budget from oil and gas revenues turned out to be almost two times less than in the same period of 2022. In May, the budget received 570 billion rubles from the sale of oil and gas, a figure that fell by 12% compared to April. The Ministry of Finance expects a shortfall of 44 billion rubles. oil and gas revenues in June.

Read more about oil and gas revenues in May – in the material “Kommersant FM” “The budget did not have enough fuel”.

Erdni Kagaltynov