KYIV. UkraineGate . 6 .September . 2022 | World News.
Russia’s income from the export of energy resources significantly exceeded the costs of a full-scale war against Ukraine. The Finnish Center for Energy and Clean Air Research (CREA) reported this .
Details
As noted, from February 24 to August 24, Russia received 158 billion euros from the sale of oil, gas and coal, and the country spent 100 billion euros on the war.
So, the largest buyer was the European Union – 85 billion euros. In second place – China – 35 billion euros. Germany closes the top three – 19 billion euros.
Addition
Economic adviser to the President of Ukraine, Oleg Ustenko , reported that Russian budget revenues from oil, gas and coal exports doubled in the first 100 days of the full-scale invasion against Ukraine, so it can be stated that the current regime of Western energy sanctions against the Russian Federation is not effective and needs to be immediately strengthened . Western sanctions cover less than 5% of Russia’s pre-war crude oil exports.
The “Group of Seven” announced its intention to introduce a maximum price limit for oil from the Russian Federation from December 5, and for Russian oil products from February 5, 2023.
Source: Ukrgate
