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Russia's Gazprom reports USD10b net income in Q3 2012  Join our daily free Newsletter

MENAFN - 21/01/2013

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(MENAFN) Russia's Gazprom announced that its net income during the third quarter of 2012 surged to USD10.06 billion, compared with USD5.01 billion in 2011's same period, reported Gulf News.

The country's gas export monopoly said that in the period from July to September, it posted a forex rise of USD3.05 billion, due to the rouble's depreciation against the US dollar and the euro.

Third-quarter's revenues jumped 16 percent to USD36.3 billion, exceeding analysts' forecasts.

It is worth noting that in 2012, Gazprom's shipments to the EU and Turkey fell by 8 percent in to 138 billion cubic meters, affected by weak demand.

 






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