In parallel with the introduction of new sanctions packages aimed at “weakening Russia’s capabilities to wage an aggressive, aggressive war,” contradictory actions partially offset the effect of the restrictions being introduced, noted Danylo Hetmantsev, Head of the Finance Committee.
He notes that 930 companies from the EU and G7 countries pay significant amounts of Russian income tax. Their income tax payments last year remained at $3B. Due to the increase in the tax rate in 2025, it is expected that these contributions from EU and G7 companies to financing the Russian invasion of Ukraine will increase.
In addition, in 2024 Russia’s revenue from the export of oil and petroleum products increased by $3.8B to $192B. The volume of pipeline gas exports to Europe increased by 13%, which could bring the aggressor state around $10.8B. Supplies of liquefied natural gas from Russia are near the record level: 17.8 million tons, estimated at over €7.4B.