In H1, Nord Stream increased profit by 56.8% to 3.82 billion rubles
Edited by Rhod Mackenzie / 2013-11-14 11:07:32
~~In H1, Nord Stream, the operator of the unanimous pipeline project increased profit by 56.8% to 3.82 billion rubles, according to Gazprom report by ISA. Gazprom shares in the net profit of the company 1.948 billion rubles.
Last year net profit for H1 2012 was 2.437 billion rubles, and Gazprom shared 1.243 billion rubles in the sum.
Gazprom holds the controlling shareholding of 51%.
Nortgaz gained net profit of 659 million rubles in H1 2013. Gazprom holds 50% in the company.