Net profit of Gazprom down 22.7% to RUB 450.57 bln in HI’14

Gazprom’s half I’2014 net profit calculated in accordance with International Accounting Standard under Russian Accounting Standards totaled RUB 450.57 bln (-22.7%, year-on-year), the company states.

The Company’s profit fell by 21.6% to RUB 465.22 bln.

Gazprom is one of the largest energy companies in the world. Its major business lines are geological exploration, production, transportation, storage, processing and sales of gas, gas condensate and oil, as well as generation and marketing of heat and electric power. Gazprom views its mission in reliable, efficient and balanced supply of natural gas, other energy resources and their derivatives to consumers.