Oil, gas account for 43% of Russian budget revenue

Russia produced an estimated 11.03 million barrels of petroleum and other liquids per day in 2015, according to the Country Analysis Brief of the US Energy Information Administration (EIA).
The country exported more than 7 million barrels per day in 2015, including roughly 5 million barrels per day of crude oil and the remainder in products and other liquids, according to the report.The majority of Russian crude oil exports (70 percent) went to European countries, particularly Germany, the Netherlands, Belarus, and Poland.Asia and Oceania accounted for 28 percent of Russian crude exports in 2015, with China and Japan accounting for a growing share of total Russian exports.
Russia is a major producer and exporter of oil and natural gas. Its economic growth is driven by energy exports, given its high oil and natural gas production.
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