OREANDA-NEWS In January-August, oil and gas revenues of the Russian budget decreased by 16.7% year-on-year, to 5.019 trillion rubles, while non-oil and gas revenues increased by 18.1%, to 20.91 trillion rubles, according to the Russian Finance Ministry.

"Oil and gas revenues amounted to 5,019 billion rubles, which is less than in the same period of the previous year (by 16.7% yoy) mainly due to a decrease in the average dollar exchange rate during the reporting period, as well as lower oil prices in the fourth quarter of 2025 and the first quarter of 2026, which are taken into account when paying personal income tax this year. At the same time, the receipt of oil and gas revenues in January-August of this year was at a level exceeding their base size," the materials on the ministry's website say.

The accumulation of additional oil and gas revenues during periods of favorable price conditions and the use of NWF funds to cover lost oil and gas revenues in accordance with the parameters of the "budget rule" ensures the stability of the budget system to fluctuations in the flow of oil and gas revenues, the Finance Ministry noted.

"Non-oil and gas revenues of the federal budget amounted to 20,910 billion rubles and increased by 18.1% YoY," the materials say.