Gazprom posts RAS net profit of RUB 411.42 bln in 2016 (up 2%, year-on-year)
In January-December, 2016, Gazprom net profit calculated under Russian Accounting Standards totaled RUB 411.42 bln (up 2%, year-on-year), the company says.
The company’s revenue fell by 9.23% to RUB 3.93 trillion.
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.