(ANSA) - MILAN, SEPTEMBER 13 - The energy revenues of Russiatoccano the minimum for 14 months, falling in August to 671.9 billion rubles (11 billion euros, -13% on July and -3.4% on 2021), with Western sanctions that make their effects felt and prevent Moscow from fully benefiting from the rise in prices.
The cause of the decline, explains Bloomberg, citing data from the Russian Ministry of Finance, is attributable to the discounts that Moscow is forced to apply to oil sold on Asian markets, where it diverts the crude that its traditional Western customers no longer want.
Added to this is the decline in revenues from the sale of gas, caused by the cut in supplies to Europe.
(HANDLE).