Proceeds from oil exports from Russia collapsed by 40.9 percent in January-November last year compared to the same period in 2019, and amounted to $66.391 billion. Such data was submitted by the FCS.

In January-November, the physical volume of oil exports from Russia fell by 11 percent (to 220.241 million tons). The total revenues of Russian companies from the sale of petroleum products amounted to $40.7 billion for 11 months of 2020. This is 33 percent less than in the same period last year.

Revenues from the export of gasoline during this period decreased by 14 percent, and from the export of liquefied natural gas (LNG) by 15.3 percent. Russian exports of coal fell by 23.8 percent.