Following are details of Russian oil and gas sales:
- According to its Finance Ministry, Russian oil and gas revenues exceeded initial plans by 51.3% in 2021, totalling 9.1 trillion roubles ($119 billion). In October alone, revenues were 1.1 trillion roubles, or almost $500 million per day.
- Total budget revenues reached 25.29 trillion roubles last year, up from 18.72 trillion roubles in 2020.
- The Russian Finance Ministry had initially projected an oil price , of $45 per barrel when compiling the budget for 2021. The price has instead averaged $69.
- The Economy Ministry had expected an average natural gas export price of $156.3 per 1,000 cubic metres in 2021. Russian gas exporting monopoly Gazprom said in December that the price was likely to reach $280, with the final data yet to come.
- According to the central bank, Russia's total exports reached $489.8 billion in 2021. Of that, crude oil accounted for $110.2 billion, oil products for $68.7 billion, pipeline natural gas for $54.2 billion and liquefied natural gas $7.6 billion.
https://www.reuters.com/markets/europe/russia...022-01-21/
U.S becomes a major oil supplier to Europe Dec 10, 2019
WTI crude is the largest US crude oil sold into Europe. WTI was the largest US grade exported to the UK, Netherlands and Italy in 2018
US reliance on Russian oil hits record high despite souringApr 16, 2021 —
Russia has filled the gap left by US oil sanctions on Venezuela. Bulk of imports include fuel oil products and feedstocks.
- According to its Finance Ministry, Russian oil and gas revenues exceeded initial plans by 51.3% in 2021, totalling 9.1 trillion roubles ($119 billion). In October alone, revenues were 1.1 trillion roubles, or almost $500 million per day.
- Total budget revenues reached 25.29 trillion roubles last year, up from 18.72 trillion roubles in 2020.
- The Russian Finance Ministry had initially projected an oil price , of $45 per barrel when compiling the budget for 2021. The price has instead averaged $69.
- The Economy Ministry had expected an average natural gas export price of $156.3 per 1,000 cubic metres in 2021. Russian gas exporting monopoly Gazprom said in December that the price was likely to reach $280, with the final data yet to come.
- According to the central bank, Russia's total exports reached $489.8 billion in 2021. Of that, crude oil accounted for $110.2 billion, oil products for $68.7 billion, pipeline natural gas for $54.2 billion and liquefied natural gas $7.6 billion.
https://www.reuters.com/markets/europe/russia...022-01-21/
U.S becomes a major oil supplier to Europe Dec 10, 2019
WTI crude is the largest US crude oil sold into Europe. WTI was the largest US grade exported to the UK, Netherlands and Italy in 2018
US reliance on Russian oil hits record high despite souringApr 16, 2021 —
Russia has filled the gap left by US oil sanctions on Venezuela. Bulk of imports include fuel oil products and feedstocks.
