In January-February 2016 oil export from Russia decreased in monetary terms by 1.7 times compared to the same period last year. Revenues decreased from 15 to $ 8.8 billion. It is reported Rambler News Service, citing data from the Federal customs service (FCS)
In physical terms, exports increased by 2.6 percent to 40.2 million tons. The income from the supply of petroleum products in January-February 2016 decreased by 2.2 times — up to 6.2 billion.
March 24, Finance Minister Anton Siluanov said that Russia’s economy move away from oil dependence, beginning to heal from the “Dutch disease”. “Breathing the industries that in recent years, the years of high oil prices — was at a standstill, the so-called non-tradable sector. Our economy gets rid of the so-called Dutch situation, where we were sick all last years” — sizelimit.
A day earlier, Deputy Prime Minister Arkady Dvorkovich said that the Russian economy adjusted to low oil prices and the depreciation of the ruble will help to increase the supply of goods in China and Europe. “We hope that the quotes will remain approximately at the current level,” — said Dvorkovich.
