Gazprom profits soar 56% to over $25 bn | Bangkok Post: news

News > World

Gazprom profits soar 56% to over $25 bn

Russian gas giant Gazprom on Wednesday said its net profit for the first half of 2011 had jumped 56 percent to over $25 billion, helped by higher energy prices and volumes of gas sold.

Russia?s Prime Minister Vladimir Putin (R) and CEO of Russian natural gas giant Gazprom, Alexei Miller, push a button to launch a natural gas pipeline Sakhalin-Khabarovsk-Vladivostok in the Russian Far East city of Vladivostok on September 8, 2011. AFP PHOTO/ RIA-NOVOSTI POOL/ ALEXEY DRUZHININ

The bumper results carried on Gazprom's strong performance from 2010 and the start of this year when it posted some of the biggest profits in corporate history.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

About the author

columnist
Writer: AFP News agency
Position: Agence France-Presse

Your comments

  • Discussion 1 : 09/11/2011 at 07:16 PM1

    Thats where I got my money! Right on the rubel!
    If only they could get rid of that $ and quote the metric oil in Euros or Rubels or....!
    But I guess its just a matter of time now.

Reply

Sign in once and access every part of the website at your convenience!

Please log in to our Bangkokpost.com community to post your comment.
You can sign in to the community by clicking here.

If you are not part of the community yet, please sign up here. By being part of this community you will get all these privileges.