Saratovneftegas increased its net profit by 1.8 times in 2011
Saratov. OAO Saratovneftegas (РТС: SNFG) (a subsidiary enterprise of NK RussNeft (РТС: RUSN) in 2011 made net profit in amount of 3 billion 172.243 million rubles, that is 1.8 times more than last year, the company said in the statement.
The materials explain that the rise in net profit last year as compared with 2010 was caused by the increase of revenues from gas and oil sales as a result of sales growth of gas and increase of oil and gas sale price.
The Company’s revenues in the past year increased as compared with 2010 by 30.6% - up to 10 billion 249.396 million rubles.
More news
All Show allRussNeft increases oil production in the first half of the year by almost 2%
up to 3.043 million tons
International Forum "Russian Energy Week - 2025"
"Russian Energy Week" is the world's leading industry event, bringing together officials, businessmen and experts to discuss the fuel and energy sector development.
RussNeft reported on the planned stocking of rivers in the Khanty-Mansiysk Autonomous Okrug
The company's press service reported on the completion of work to replenish the Ob River basin with fish resources. 1.1 million young nelma and muksun were released.