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Russia sees 38% rise in energy export earnings this year: Report
Russia is expected to pocket $337.5bn this year on energy exports alone, according to an economy ministry document seen by Reuters news agency.


Russia is Europe's top supplier of gas, but petrol flows have been reduced this year after the Kremlin sent troops into Ukraine in February 2022 [File: Tatiana Meel/Reuters]
Published On 17 Aug 202217 Aug 2022
Higher oil export volumes, coupled with rising petrol prices, will boost Russia’s earnings from energy exports to $337.5bn this year, a 38 percent rise from 2021, according to an economy ministry document seen by Reuters news agency.