Revenues from Russian oil and gas sales continue to set anti-records

April 25 2025 174 029 15

The global energy market is not going through the best of times. This also applies to Russia's oil and gas sector, which is isolated by sanctions. According to Reuters calculations, Moscow's revenues from oil and gas sales in April will fall by 22% compared to last year, amid falling commodity prices and a strengthening national currency.

According to the agency's estimates published on Thursday, Russia's revenues from hydrocarbon sales in April will amount to about $11,6 billion (960 billion rubles), which is also due to lower profit taxes compared to the previous month. Official data from the Russian Finance Ministry is expected on May 7, which will likely repeat analysts' forecasts, since the trend toward further decline has been observed for months.

According to the agency, in March, Russia's revenues from oil and gas sales fell by 17% compared to a year earlier. Last month, profits fell to $13,2 billion (1,1 trillion rubles), while revenues for the entire first quarter fell by almost 10% compared to the same period last year and amounted to $31,8 billion (2,64 trillion rubles).

Accordingly, the predicted 22% decline in profits will, in fact, set a new anti-record, which was not observed even in 202, when upheavals and breakdowns in previous ties led to global chaos in the industry market.

Earlier this week, the Ministry economics Russia has lowered its forecast for oil prices this year in an updated baseline scenario reflecting the latest trends in global oil markets.

The escalation of tariff wars continues, which, as a rule, leads to a decrease in global trade and the world economy, and possibly in demand for all types of energy resources. Resources from the Russian Federation are no exception to this rule, although they occupy a very specific niche in the regional sense.

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Sultan Kogan

+2

April 25 2025 09: 33

How can the enemy Reuters somehow assess Russia's income from the sale of oil and gas, if the West itself has turned off Swift for us and they are completely unaware of the volumes, prices, or contracts?
1. Vladimir1155
  
  0
  
  April 26 2025 10: 01
  
  on the one hand you are right, most likely this is a disinformation campaign for the Western layman who is sure that he is the center of the universe, that the sanctions and boycotts that he establishes have an effect on something... especially since this layman himself is quite genuinely suffering from these sanctions more than we are (according to Sani, prices in the USA have doubled in a year) and in the EU prices are growing even more, along with unemployment, the Russian Federation is now actively increasing exports to China, but the Western layman whose cow died would like two cows to die at once in the Russian Federation... he will be happier about this, as will the experts on this site, but we real experts know that this is not so, I personally bought potatoes the day before yesterday for 23 rubles a kilogram and they are still being sold there to everyone who wants them, and cucumbers can also be bought for 157 rubles and this is in early spring!... however, there is some truth in the message from foreign enemies, the enemy is useful with their criticism, unlike the flattering "friends", because it was precisely because of the hope for oil and gas exports that the USSR collapsed, and now the situation is close... not only the entire pension fund but the entire one! our industry and construction live ONLY on oil and gas and other resource exports.... the reason is in the tax and control system established by the IMF agents with the aim of bankrupting all business in the Russian Federation that does not have budget or credit support, now that in 2022 Russia bravely stopped paying tribute to the world behind the scenes through the so-called "sovereign" funds and stopped paying dividends to foreign owners of factories in Russia (300 billion dollars a year), it turned out that Russia had nothing to lose in relations with the West except its chains, stopping the withdrawal of capital from Russia made it possible not only to cut the military budget but also to direct huge funds to development, all these UAC OSC and others are supported by the state.... but the wormhole remained... after all, the system in the Russian Federation itself remains the same, established by the IMF, for bankruptcy and seizure of the entire industry in favor of Western banks through loans and their non-repayment, the West no longer gives loans, now only the state gives them, but not to everyone, and the artificial unprofitability of all Russian business remains, it does not develop itself and cannot, it must be financed from the budget, this is abnormal, and therefore the cessation of income from exports will lead all our industry, and after it, pensioners and workers, to collapse! State development of business and a state king for key companies is better than the lawlessness of the oligarchs from the 90s, but .... medium-sized businesses do not develop, they are strangled by taxes and inspections, regulations and licenses, there are only large companies and very small ones on a simplified system, in the middle there is a failure, there are only those who are outsourced to the big guys receiving the state budget ... that is, business is not self-sufficient and does not feed the economy and budget revenues, reliance on such a business is senseless, it itself is outsourced to the market flagships....
  necessary,
  1 remove all license checks and control over businesses, leave only key control over dangerous industries, and there is already a corresponding federal law, it needs to be extended to the entire country, and disband the parasitic control offices completely, to save the budget...
  2 remove taxes that are inconvenient to calculate and easy to evade, rather than invented to fill budgets, but to harm business, leave only easily controlled and profitable, easily collected taxes, increasing them to fill the budget, first of all remove property taxes that are boycotted by the people, overburdening the courts and bailiffs and still not collected, compensating for budget revenues from the mineral extraction tax
  3 remove VAT or at least cancel VAT refund for foreigners, this is a tax on Russians, discriminatory and harmful, why do we give foreigners a 20 percent discount on all goods? Are they white people and we are natives, right? Why do we discriminate against residents of the Russian Federation? Either cancel VAT by compensating everything from NDPI, or cancel VAT refund, but then how will VAT differ from income tax? They will have to be combined into something one or everything will be transferred to NDPI
  4 ndpi is the most easily collected tax and is collected in bulk from everyone, it is apparently only paid by subsoil users, but in reality subsoil users shift its burden onto the inhabitants, both ours and foreigners, so it is impossible to evade it, there is no need for hundreds of thousands of tax officials deducting pennies from grandma and her garden, which grandma does not pay anyway, Rosressr, traffic police, tax courts and bailiffs and banks are engaged in being petty and trying to take away grandma's pennies and they still can't do it, and she could pay all this automatically by buying products in which ndpi is automatically included
  5 Russia has a unique opportunity to become a tax haven, to attract multi-billion dollar investments from abroad if it makes the economy friendly to business, and then we will not be afraid of oil or gas prices, because a significant portion of oil and gas buyers and NDT payers will move to the Russian Federation itself
  1. Vladimir1155
    
    -1
    
    April 26 2025 10: 50
    
    Why don't potatoes grow and the fields are overgrown? Because Rosselkhoznadzor and other inspections, together with the tax service, have set such conditions that it is unprofitable to grow potatoes
    and in Belarus why do potatoes grow and the fields don't overgrow? because Batka set such conditions that it is profitable to grow potatoes
    Why did they stop building housing and not sell apartments? Because the state construction supervision and other supervision agencies, together with the tax service, set such conditions that it is unprofitable to build
    why is public transport only state-owned? (in St. Petersburg there are three companies left that are controlled by two people who are completely dependent on the state) and it works poorly? because Rostransnadzor and other inspectorates, together with the tax service, have set such conditions that it is impossible or unprofitable to transport cargo and passengers.... we can continue about all other industries
2. Mish
  
  0
  
  April 28 2025 07: 54
  
  Quote from Sultan Kogan
  How can the enemy Reuters somehow assess Russia's income from the sale of oil and gas, if the West itself has turned off Swift for us and they are completely unaware of the volumes, prices, or contracts?
  
  It is enough to look at the annual profit reports of Gazprom and oil companies
prior

+8

April 25 2025 09: 39

In half a year, the price of onions and potatoes in Moscow has skyrocketed by 100%, that is, doubled. The cheapest is 120 rubles per kilogram.
But who in the government cares?
They don't care about such trifles.
And after such prices for essential goods, I couldn’t give a damn about all the oil and gas problems of the Millers, Sechins, Mlechins and Mishustins.
1. Boniface
  
  +3
  
  April 25 2025 09: 51
  
  yeah...it's especially fun when bananas are cheaper than potatoes
  1. sergey kozlovsky
    
    -1
    
    April 25 2025 17: 22
    
    The harvest was small, you know.
    And the potatoes were sick, you don't know anything, what does the government have to do with the weather? They just all died from late blight, naturally it will cost a fortune
    1. oao
      
      +1
      
      April 26 2025 04: 07
      
      1917 was also not a good year for grain harvests and...
  2. oao
    
    +1
    
    April 26 2025 04: 06
    
    Bananas. Vegetables cost as much as meat.
2. Pembo
  
  -4
  
  April 25 2025 09: 55
  
  Well, we are not talking about the income of Millers, Sechins, Mlechins, but about budget revenues. From which pensions are subsidized, including mine. How much potatoes do you need per day if 120 per kg scared you? Oh, you thought about the prospects and realized that you didn’t give a damn about geopolitics, especially this kind, if there are such prospects. I thought about the prospects of such geopolitics in March 22. Fiery turbo greetings!
  1. prior
    
    +7
    
    April 25 2025 10: 00
    
    Don't fall for this lie.
    Dollars from oil and gas sales do not go into pension fund accounts.
    Enough of these fables.
    1. Pembo
      
      -2
      
      April 25 2025 10: 31
      
      Dollars from oil and gas sales do not go into pension fund accounts.
      Enough of these fables
      
      In the federal law of 2023 on the pension fund we read:
      
      The projected volume of interbudget transfers received from the federal budget for 2025 in the amount of 5 thousand rubles and for 288 in the amount of 656 thousand rubles,
      
      Defense expenditures in the Russian Federation budget increased from 6 trillion in 22 to 14 trillion in 25, i.e. by 8 trillion. Transfer to the Pension Fund is 5,3 trillion, and here it is 8 trillion. They found money for the SVO, and.... You may be interested in what the Pension Fund budget is. For 2024 (25-26) it is 16 trillion rubles.
      1. prior
        
        +3
        
        April 25 2025 11: 02
        
        Well, yes, well, yes.
        Foreign consumers of Russian oil and gas transfer their payments directly to the pension fund, directly in dollars, euros, rupees and yuan.
        And what kind of money was in our gold and foreign currency reserves that was seized at the beginning of the SVO? Can you tell me?
        Aren’t gas payments transferred to similar accounts in foreign banks today?
        And besides, the federal budget receives taxes from all taxable sources, not from foreign banks. So the pension fund and the payment for the sale of oil are two very different things. If this were not so, we would receive our pension in Indian rupees.
        
        Pembo
        
        -1
        
        April 25 2025 11: 22
        
        I said that oil and gas revenues go to the budget, and the budget subsidizes the pension fund (by a third).
        
        But we are not talking about the income of the Millers, Sechins, Mlechins, but about the budget income, from which pensions are subsidized, including mine.
        
        I won't cast pearls on this matter any more.
3. The comment was deleted.
LuzinI

+2

April 25 2025 11: 31

In April, export volumes began to increase - it's like a swing. Although deterioration is to be expected.
I noticed that after loading in our port, the oil passes into the possession of the buyer (for example, India), which makes it difficult for NATO forces to block shipments. But you have to pay for everything by lowering the price. Buyers are still being found. But overall, I don't expect any improvement in 25 - there will be more such articles.