MOSCOW, Jan 13 (Reuters) - Proceeds from oil and gas sales for Russia's federal budget in 2024 jumped by more than 26% to 11.13 trillion roubles ($108.22 billion).

Oil and gas revenues have been the most important source of cash for the Kremlin, accounting for about a third to a half of total federal budget proceeds over the past decade.

In 2023, weaker oil prices and a fall in gas exports reduced revenue by 24%.

($1 = 102.8500 roubles)

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https://www.reuters.com/business/energy/russian-oil-gas-revenues-jump-26-2024-108-bln-2025-01-13/