US EditionRussia to Lose at Least $37 Bln in Budget Oil and Gas Revenues by Late 2025 – Zelenskyy
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5 Articles
Russia to lose at least $37 bln in budget oil and gas revenues by late 2025 – Zelenskyy
A significant decline in Russian oil production and refining will be recorded in 2025. By the end of this year, Russia will lose at least $37 billion in budget oil and gas revenues, Ukrainian President Volodymyr Zelenskyy announced following a report by Foreign Intelligence Service Head Oleh Ivaschenko.
Russia is expected to lose at least $37 billion (about €32 billion) in budget revenues from oil and...
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The president announced this in his Telegram. According to Oleg Ivashchenko, this year, for the first time since the beginning of the war, a marked decrease in the production and processing of Russian oil is recorded. Oil and gas revenues of the Russian budget are declining, and as a result of this year, Russia will lose at least $37 billion in budget oil and gas revenues. And tens of billions of dollars are lost by Russian oil companies and the…
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