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Russian 2016 petroleum products export to yield more than earlier expected

July 07, 2014, 15:06 UTC+3 MOSCOW
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MOSCOW, July 07. /ITAR-TASS/. Russian finance ministry expects revenue from petroleum products export in 2016 to be 217.2 billion roubles ($6.3 billion) more than the earlier adopted figure stipulated in the budget law for 2014 and the planned period 2015 and 2016, says the Ministry’s draft federal budget for 2015-2017.

The growth is expected as export for 2016 is forecast to increase 12.8% to 140.6 million tonnes.

In 2015, the revenue under adjusted forecast will expand 176.6 billion roubles ($5.1 billion) as export will increase 10.5% to 144.1 million tonnes.


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