Gazprom and Karachaevo-Cherkesskaya Republic heads discussed realization of cooperation agreement between the parties, the company informed.
Gazprom is ready to spent about 2bn rub. on the building of 19 gas pipelines of 197.5 km in total length. Besides, it intends to reconstruct several gas distribution stations. Still, the Republic has 1.48bn rub. in debts to Gazprom for the delivered gas.
Gazprom (TIN 7736050003) is the largest gas company in the world. The share capital is equal to 118.367bn rub. split in 23673512900 common stocks of 5 rub. par. The working interest is held by the government. In 2012 Gazprom reduced output 5.1% to 482.251bn m3 of gas.
The IH 2013 net profit (IAS) moved up 11% to come to 593.405bn rub. form 534.256bn rub.; revenues - 13.8% to 2.568tril rub. from 2.231tril rub.
The 9-month 2013 net profit (RAS) climbed down 9.1% to 466.6bn rub. from 513.091bn rub. prior year; revenues rose 7% to come to 2.817tril rub.
from 2.632tril rub.; revenues from gas sales - 2.6% to 2.073tril rub. from 2.021tril rub.