Make Homepage
Advertise
Partners
About Us

 

  Subscribe to the Newsletter
 
 
HOMEPAGE NEWS SECURITY COLUMNISTS OP-ED ARTICLES INTERVIEWS BOOK REVIEWS

Friday, 25 May 2012
Turkey Europe Middle East Caucasus Central Asia Russia Americas Asia Book Store World Economy Energy
Gazprom Tables USD 31 B Profits Q1-Q3 2011

printable version
send your friend
add comment
Wednesday, 1 February 2012

Russian natural gas giant Gazprom announced it has pocketed a net profit of RUB 940.8 B for the first 9 months of last year.

The profit, worth some USD 31.05 B, is 40% more than that for the same period in 2010.

Gazprom has recorded a 32% increase in sales in the January-September 2011 period, predominantly in countries from the former USSR.

Due to fluctuations in the exchange rates, income from those countries has risen with 58%, compared to a 33% rise in sales.

The total amount of natural gas sold by Gazprom Q1-Q3 in 2011 is 371.8 B cubic meters.

At the same time, operational costs by the company have risen with 23% to USD 70 M, while the proportion of debt has risen to 20%, USD 34.5 M.

Using a long-term contract, Gazprom delivers more than 90% of the natural gas consumed in Bulgaria.

Wednesday, 1 February 2012

Novinite
   Energy

Previous News

Gazprom Tables USD 31 B Profits Q1-Q3 2011

Next News

 LATEST NEWS

Report: Sub-Saharan Africans Resonate with Arab Spring

Fire Breaks Out On US Nuclear Sub

Norway Public Service Workers Wage Historic Strike Over Pay

S&P Continues Rating Even If Countries Withdraw from Agreement, Says S&P's Director

Economic Crisis in Greece Affects Greek Cypriots: Investment Advisor

 USER COMMENTS

add comment

no comment
   LATEST NEWS FROM ENERGY
   MOST VISITED NEWS (DAILY)
Gazprom Tables USD 31 B Profits Q1-Q3 2011 Gazprom Tables USD 31 B Profits Q1-Q3 2011 Gazprom Tables USD 31 B Profits Q1-Q3 2011 Gazprom Tables USD 31 B Profits Q1-Q3 2011 
Journal of Turkish Weekly (JTW)
USAK House,
Ayten Sok. No:21
Mebusevleri, Tandogan, Ankara, Turkey