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FILE PHOTO: Crew members check the deck of the Russian oil cargo Pure Point, carrying crude oil, anchored at a port in Karachi, Pakistan June 13, 2023. REUTERS/Akhtar Soomro/File Photo
Russian oil and gas revenue for the state budget is expected to decline in 2025-2027 due to lower commodity prices and tax changes, a draft budget published on Monday showed.
According to the document, budget revenue from oil and gas sales is set to decline to 10.9 trillion roubles ($117.3 billion), or 5.1% of gross domestic product, in 2025 from 11.3 trillion roubles expected this year.
Revenue is set to fall further to 10.56 trillion roubles in 2026 and 9.77 trillion roubles in 2027.
($1 = 92.9000 roubles)
(Reporting by Vladimir Soldatkin; Editing by Jan Harvey)