The oil and gas revenues (OGR) of the Russian budget increased by 38.67% in April compared to March, totaling 855.6 billion rubles, according to materials published by the Ministry of Finance on May 6. For the first time this year, additional OGR at the end of April entered positive territory. With a baseline amount of 834.6 billion rubles, they amounted to 21 billion rubles. In March, the budget experienced a shortfall of 234.3 billion rubles. At the beginning of May, Finance Minister Anton Siluanov emphasized that approximately 200 billion rubles would flow into the treasury due to favorable market conditions. "We expect these [additional OGR]. But I want to make it clear that the levels of income and shortfall over the last two months are the same, amounting to approximately 200 billion rubles," he noted (quote from TASS).
Despite deviations from the baseline amount, OGR revenues have been steadily growing each month since the beginning of the year. In March, they reached 617 billion rubles, in February 432.3 billion rubles, and in January 393.3 billion rubles. The April figure is still lower than the level recorded during the same period last year by 21.22%, as OGR in April 2025 amounted to 1.086 trillion rubles.
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