Stake of oil and gas revenue in Russia’s budget to fall from 52% to 45-47% by 2035
Edited by Rhod Mackenzie / 2015-02-06 01:39:59
The stake of oil and gas revenue in the budget of Russia will fall from the current 52% to 45-47% by 2035, Minister of Energy of Russia, A. Novak said.
“In the framework of the energy strategy until 2035 we plan a fall of a stake of the oil and gas revenue in the budget of Russia from 52% to 45-47%”, he said. “It doesn’t mean that there will be less oil and gas revenue”, he said.
