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Economy

Putin noted the reduction of Russia's dependence on oil and gas revenues

Fri, 06/05/2026 - 18:57

Photo: IZVESTIA/Dmitry Korotaev

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Oil and gas revenues have always been important for Russia, but in recent years, dependence on them has been decreasing. This was announced by Russian President Vladimir Putin on June 5 during the plenary session of the St. Petersburg International Economic Forum (SPIEF-2026).

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Registered by the Federal Service for Supervision of Communications, Information Technology and Mass Communications. Certificates of registration Certificate of registration: EL № FS 77 - 76208 dated July 8, 2019. , Certificate of registration: EL № FS 77 - 72003 dated December 26, 2017.