Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Netanyahu: If Lebanese Army takes steps to disarm Hezbollah, Israel will engage in reciprocal measures, including phased reduction of Israeli military presence in Lebanon
Al Mayadeen's correspondent: Photojournalist Houssam Al-Masri martyred, reporters Hatem Omar, Mohammad Ashraf Salameh injured in Israeli strike on Nasser Medical Complex.
Israeli media: Intense US efforts are being made to resolve differences, such as the issue of the Israeli presence on Mount Hermon and in southern Syria
Israeli media: The security agreement means amending the disengagement agreement, which will also address the Druze issue
Israeli media: Attempts to reach a security agreement between 'Israel' and Syria were among the topics discussed at the Paris meeting
Israeli media: Sheikh Muwaffaq Tarif rejected a US proposal to join the recent tripartite meeting between Tom Barrack, al-Shaibani, and Dermer
Saba News Agency: Two martyred, five injured in a preliminary toll of the Israeli aggression on the Yemeni Oil Company station on Al-Sitteen Street in Sanaa
Senior Yemeni military source to Al Mayadeen: We observed a state of confusion among the enemy's aircraft squadron after Yemeni air defenses intercepted the attack
Senior Yemeni military source to Al Mayadeen: The Yemeni air defense forces succeeded in neutralizing a squadron of enemy aircraft and prevented airstrikes on some governorates
Senior Yemeni military source to Al Mayadeen: Our air defenses and missile forces forced a formation of enemy aircraft to flee the airspace

Russian energy exports grew in 2022 despite sanctions, embargo

  • By Al Mayadeen English
  • Source: Agencies
  • 16 Jan 2023 15:30
  • 2 Shares
2 Min Read

Russia's Deputy Prime Minister says the country's budget revenues from the oil and gas industry grew last year by 28%.

  • x
  • Russian energy exports grow despite sanctions, embargo
    Russian oil for export (Illustration photo)

In a briefing on Monday, Russian Deputy Prime Minister Alexander Novak highlighted that the country's oil and gas revenues increased by 28%, amounting to  2.5 trillion rubles ($36.7 billion).

Novak noted that in 2022, Russia's oil production increased by 2% reaching 535 million tonnes, while overall exports rose by 7%.

Read more: Russia unaffected by oil price cap: Putin

"Budget revenues from the oil and gas industry grew last year by 28%, or by 2.5 trillion rubles," the Russian official said in a government meeting.

"Oil production last year amounted to 535 million tonnes. This is 10 million tonnes higher than in 2021, or plus 2%. Exports also grew — by 7%," he added.

Read more: Turkey begins fulfilling obligations under gas project with Russia

Related News

Putin suggests Moscow meeting with Zelensky, sources say

China welcomes improved Russia-US ties after Alaska Summit: MFA spox

According to Novak, the coal industry witnessed an increase in production by 0.3%, despite the European embargo on Russian supplies, noting that 442 million tonnes of coal were produced in 2022.

The Russian Deputy PM also pointed out that Russia's Liquefied natural gas (LNG) production grew by 8% last year, reaching 46 billion cubic meters, and noted a rise of diesel and gasoline production by 6% and 4.3% respectively.

Read more: Russia deficit in foreign currency liquidity stabilized: Central Bank

It is noteworthy that the EU has already imposed nine waves of unprecedented anti-Russia sanctions since the start of the Ukraine war in February, including targeting Russian key energy exports. 

After the adoption of several packages of sanctions against Moscow by the West, the sanctions backfired, having detrimental effects on the world's global markets, most notably gas and oil.

European governments are now suffering the repercussions of their sanctions amid rising strikes and protests over the cost of living and pay.

Read more: World needs Russia grain regardless of states' attitude to Moscow: WFP

  • Moscow
  • LNG
  • Europe
  • Russia
  • EU
  • Alexander Novak
  • European Union
Russia & NATO

Russia & NATO

As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

Most Read

Tom Artiom Alexandrovich, executive director of the defense division of the Israeli National Cyber Directorate, undated (Social media)

Israeli-born US prosecutor drops Israeli officer child sex crime

  • Politics
  • 19 Aug 2025
Displaced Palestinians walk through a makeshift camp along the beach in Gaza City, Sunday, Aug. 10, 2025 (AP)

Hamas, other factions accept Egypt-Qatar ceasefire proposal: Exclusive

  • Politics
  • 18 Aug 2025
Palestine will not be liberated by UN reports, but by pursuing a different strategic horizon: one that does not beg for recognition. (Al Mayadeen English; Illustrated by Batoul Chamas)

Economy of Genocide: Albanese's report accuses, but doesn't dismantle system

  • Opinion
  • 18 Aug 2025
Israeli soldiers stand on the top of armoured vehicles parked on an area near the Israeli-Gaza border, as seen from southern Israel, Wednesday, Aug. 20, 2025 (AP)

Palestinian fighters target Israeli soldiers, vehicles in Gaza

  • Politics
  • 21 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Israeli Prime Minister Benjamin Netanyahu speaks during a press conference at the Prime minister's office in al-Quds, Occupied Palestine, Sunday, Aug. 10, 2025 (AP)
Politics

Netanyahu deliberately derailing truce with Gaza occupation: Hamas

Irish President Michael Higgins arrives to deliver his speech during a 42nd World Food Day celebration at FAO headquarters in Rome, on Oct. 16, 2023. (AP Photo/Alessandra Tarantino)
Politics

Irish president renews call for UN military intervention in Gaza

US Ambassador to Turkey and Special Envoy to Syria Tom Barrack speaks during an interview with The Associated Press at the US Embassy in Aukar, northern suburb of Beirut, Lebanon, Monday, July 21, 2025 (AP)
Politics

US envoy, Netanyahu discuss restraining attacks on Lebanon, withdrawal

Smoke billows following Israeli airstrikes in multiple areas in Sanaa, Yemen, Sunday, Aug. 24, 2025 (AP)
Politics

Ansar Allah vow sustained Gaza support despite Israeli strikes

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS