OREANDA-NEWS  By the end of October, the oil and gas revenues of the Russian federal budget amounted to 888.6 billion rubles, which is more than a quarter (27 percent) lower than in the same period a year earlier. This is evidenced by data from the Ministry of Finance.

Compared to September, they increased by 306.2 billion rubles. The reason for this result was the quarterly payment of a tax on additional income from the extraction of hydrocarbons in the amount of 327.8 billion rubles. As for the basic mineral extraction tax (MET), it has reached a minimum since July — 671.3 billion rubles.

Additional NGDS for the month amounted to 4.4 billion rubles, a deviation from the expected oil and gas revenues amounted to 45.3 billion. In November, the Ministry of Finance expects oil and gas revenues to fall below the base level by 48 billion rubles.

Thus, the volume of gold and foreign currency that the Ministry of Finance will transfer to the Central Bank for sale in the period from November 10 to December 4, 2025, will amount to 2.7 billion rubles.

Taking into account the fact that in the second half of the year, the Bank of Russia, based on the volume of operations under the budget rule, sells currency for 8.94 billion rubles per day, the total amount of sales will drop to 9.04 billion rubles per day against 9.54 billion in the previous period.