Oil workers received more than 400 billion rubles budget for the fuel rebate In October, the budget payments for the fuel rebate totaled 415 billion rubles ($5.1 billion), according to Finance Ministry data released the day before. This is the highest level since the record payment of 450 billion rubles in April 2022. The subsidies are intended to encourage Russian oil producers to supply fuel to domestic consumers, even when exports are more attractive. Most of the subsidies go to the country's largest oil companies - from Rosneft to Tenneft - which own major refineries. The payments provide essential financial support to companies rushing to repair factories damaged by the Ukrainian attacks. At the same time, Russia's total net oil and gas revenues reached 971.2 billion rubles in October, up 8.5% year-on-year. At the same time, the final result was lower than the income actually received. The mineral extraction tax alone brought in 1.12 trillion rubles in October. The last time the budget received a similar amount from this tax was November 2023. (1.2 trillion rubles). Also in October, a significant part of the income was provided by additional income tax (EL) - 358.6 billion rubles, according to the ministry's data. This figure turned out to be more than 9% higher than the result of October last year, when it amounted to 327.8 billion rubles.

Oil workers received more than 400 billion rubles budget for the fuel rebate In October, the budget payments for the fuel rebate totaled 415 billion rubles ($5.1 billion), according to Finance Ministry data released the day before. This is the highest level since the record payment of 450 billion rubles in April 2022. The subsidies are intended to encourage Russian oil producers to supply fuel to domestic consumers, even when exports are more attractive. Most of the subsidies go to the country's largest oil companies - from Rosneft to Tenneft - which own major refineries. The payments provide essential financial support to companies rushing to repair factories damaged by the Ukrainian attacks. At the same time, Russia's total net oil and gas revenues reached 971.2 billion rubles in October, up 8.5% year-on-year. At the same time, the final result was lower than the income actually received. The mineral extraction tax alone brought in 1.12 trillion rubles in October. The last time the budget received a similar amount from this tax was November 2023. (1.2 trillion rubles). Also in October, a significant part of the income was provided by additional income tax (EL) - 358.6 billion rubles, according to the ministry's data. This figure turned out to be more than 9% higher than the result of October last year, when it amounted to 327.8 billion rubles.