In November, the budget received less than 90 billion rubles of oil and gas revenues

In November, the budget received less than 90 billion rubles of oil and gas revenues

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According to the results of November of this year, the Russian budget received less than 90.2 billion rubles. oil and gas revenues to the level of expectations, informs press service of the Ministry of Finance.

“The total deviation of actually received oil and gas revenues from the expected monthly volume of oil and gas revenues and the estimate of the base monthly volume of oil and gas revenues from the base monthly volume of oil and gas revenues in November 2022 amounted to -90.2 billion rubles,” the ministry said in a statement.

Thus, the total amount of funds for additional oil and gas revenues is 85.9 billion rubles. According to the forecast of the Ministry of Finance, in December 2022 additional oil and gas revenues “related to the excess of the actual oil price over the base level” will amount to 176.1 billion rubles.

The press service of the department recalled that “due to the temporary suspension for 2022 of certain provisions of the budget rules related to the use of additional oil and gas revenues of the federal budget, the purchase of foreign currency and gold using the above funds will not be made.”

Earlier, the Ministry of Finance predicted that in November 2022, additional oil and gas revenues amount to RUB 282.8 billion In October of this year, the Russian budget received less than 7.5 billion rubles. oil and gas revenues.

5th of December It entered into force a ban on the supply of Russian oil by sea to the EU countries. Along with it, a price ceiling for Russian energy resources was introduced at the level of $60 per barrel. The restrictions were approved by the G7 countries (G7, including the UK, Germany, Italy, Canada, the USA, France and Japan), as well as the countries of the European Union and Australia. The size of the marginal price was agreed upon within a week. As a result, the EU countries managed to agree only on December 3.

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