In January – September, Surgutneftegaz increased net profit by RAS by 1.7 times

In January – September, Surgutneftegaz its increased net profit by RAS by 1.7 times to 204.809 billion rubles, and pretax profit by 1.7 times to 247.653 billion rubles, and reduced revenue by 2% to 604.021 billion rubles, and gross profit by 5.6% to 205.572 billion rubles.

Surgutneftegaz is one of the Russian largest oil producers. It shares 13% in oil production and 25% in gas production in the state.

Translated by Nadezhda Poltoratskaya      

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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