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Russian Oil industry can get an additional 300 billion rubles in 2016 from the ruble devaluation
2 November 2015, Monday
Additional revenues of oil companies from the ruble devaluation in 2016 are estimated at 300 billion rubles, said Deputy Finance Minister Sergei Shatalov.
"According to our estimates, oil industry will earn (in 2015 - ed.) about 400 billion rubles additionaly compared to the previous year and compared with the plans that have been in 2015. Somewhere around 300 billion (rubles - Ed. ) they receive in 2016. it is clear that this effect is fading, "- said Shatalov said at a tax conference of the American Chamber of Commerce in Russia.
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