Thursday, 17 April 2014

Russia had revenues of $191-$194 bln from oil, $28 bln from gas in 2013 - Putin | Russia Beyond The Headlines

Russia had revenues of $191-$194 bln from oil, $28 bln from gas in 2013 - Putin | Russia Beyond The Headlines:



"Russia's budget had revenues of $191-$194 billion from oil and $28 billion from gas in 2013, Russian President Vladimir Putin said during his hotline on Thursday.



"This is a significant part of Russia's budget revenues," he said.



Putin said main revenues in this sector come from oil, not gas. "Last year, revenues from oil were $191-$194 billion; revenues from gas - around $28 billion. Do you feel the difference?" he said.



The drop in oil prices from $90 to $85 per barrel is not critical for the Russian economy, Putin said.



Russian President Vladimir Putin said he thought the European Union would not be able to stop buying Russian gas."



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