Russia reports a 21.2% year-on-year decline in April oil and gas budget revenues to 855.6 billion rubles. The government also issued 207.5 billion rubles in fuel damper payments to oil companies, marking the highest payout in several years.
Russian oil and gas budget revenues fell by 21.2% year-on-year in April to 855.6 billion rubles, despite rising global oil prices. Simultaneously, the government paid 207.5 billion rubles to oil companies under the fuel damper mechanism, the highest payout in several years.
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