Russian oil companies receive 64.7 bln rubles in fuel damper payments in Nov, 43.8 bln rubles in Oct

MOSCOW. Dec 3 (Interfax) - Russian oil companies received 64.7 billion rubles in fuel damper payments from the budget in November 2025, according to information on the formation and use of the federal budget's windfall oil and gas revenues, as posted on the Finance Ministry's website.

Damper payments totaled 824 billion rubles in 11M.

In accordance with tax legislation, damper payments are rendered for the previous month, meaning that payments were remitted in November for October.

Payments totaled 43.8 billion rubles in October, as the gasoline damper was reset to zero owing to high exchange prices in September, the Finance Ministry said. The ministry said that the presidential decree on the moratorium on resetting the damper did not apply to September payments and that it would apply to payments for October for the first time.

The Finance Ministry also said that oil companies would receive additional September payments for gasoline following a legislative amendment to raise the cutoff above which the damper is reset to zero by 10 percentage points. The adjustments were retroactively effective as of September 2025. The State Duma adopted the corresponding amendments to the Tax Code in the final reading on November 20, and the president signed the law implementing the amendments to the Tax Code on November 28.

The new cutoff price is 72,540 rubles per tonne for gasoline and 74,360 rubles per tonne for diesel. The Federal Anti-monopoly Service (FAS) said that the average wholesale price was 70,575 rubles per tonne for diesel fuel and 72,606 rubles per tonne for AI-92 gasoline in October, meaning that oil producers would not have received the gasoline damper again in the October reporting month had the president's moratorium on resetting it to zero not taken effect.