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“Varioganneft” in the I quarter increased revenue by 47%

16.05.2011 “Interfax”

Raduzhniy. KhMAO. OAO “Varioganneft” (a subsidiary enterprise of NK “RussNeft” (PNC:RUSN) in the I quarter of 2011 increased its revenue, calculated according to Russian accounting standards, by 46.7% as compared with the analogous period of last year – up to 3 billion 443.054 mln. rub.

According to the company’s report, the key factor, which affected the change in the volume of revenue, was the sales price.   

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