Russia says oil sales to India up 22-fold last year

Novak said energy revenues accounted for 42% of Russia's federal budget in 2022 and said the country's energy industry was sustainable, despite the challenges faced by Western sanctions.

Russian Deputy Prime Minister Alexander Novak said on Tuesday that Russia needed to focus on boosting energy exports to so-called "friendly" countries, as he said Russian oil supplies to India jumped 22-fold last year.

Novak said energy revenues accounted for 42% of Russia's federal budget in 2022 and said the country's energy industry was sustainable, despite the challenges faced by Western sanctions.

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Business News › Industry › Energy › Oil & Gas › Russia says oil sales to India up 22-fold last year
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