Anton Gerashchenko
@Gerashchenko_en
Since April, Ukrainian strikes on oil refineries have cost Russia 1.2 trillion rubles ($14,75 billion), according to data published by the Russian finance ministry.
In July alone, Russia's federal treasury transferred 192.8 billion rubles ($2,4 billion) to oil companies through the fuel damper mechanism and the reverse excise tax. The subsidies amounted to 312.5 billion rubles ($3,84 billion) in June, 357.3 billion ($4,4 billion) in May, and 359.3 billion ($4,41 billion) in April.
In total, from April through July, Russian oil companies received 1.221 trillion rubles from the federal budget - an amount comparable to the Moscow region's annual budget of 1.38 trillion rubles ($16,9 billion).
According to analysts, these payouts are linked to disruptions in Russia's oil refining sector. In July, at least 18 major refineries were hit by drone strikes, and at least eight were forced to halt production. Of the dozens of refineries struck, at least seven remained idle as of late July, while another 11 had resumed operations only at partial capacity, ranging from 30% to 70%.
📹: Yaroslavl oil refinery
Video:
https://x.com/Gerashchenko_en/status/2085388477516992645/video/110:32 AM · Aug 6, 2026 · 27.4K Views
https://x.com/Gerashchenko_en/status/2085388477516992645