Alexey Miller, Chairman of the Gazprom Management Committee and Fam Suan Shon, Ambassador Extraordinary and Plenipotentiary of the Socialist Republic of Vietnam to Russia, have considered issues of the Russian-Vietnamese cooperation in the energy sector, Gazprom informed
In particular, the parties praised the results of the joint exploration and production activities on the Vietnamese shelf and in Russia as well as expressed their satisfaction with the progress of a Vietnamese project for natural gas use as a vehicle fuel. In addition, the participants confirmed their willingness to arrange the Russian LNG supply to Vietnam.
Special attention was given to Gazprom's participation in the expansion of the Dung Quat oil refinery in Vietnam. It was noted that the interaction in the oil refining sector was, among other things, on top of the Russian-Vietnamese energy agenda and emphasized the strategic nature of cooperation between the two countries.
Dung Quat, Vietnam's only oil refinery, has an output of 6.5 million tpa and consumes some 85% of domestically produced oil and 15 per cent of oil exported from the Middle East.
JSC Gazprom (tax number: 7736050003) is the world's biggest gas company. Its authorized capital is RUB 118.367 billion represented by 23,673,512,900 common shares at par value of 5 rubles. The Russian Federation is Gazprom's controlling shareholder. In 2013, Gazprom increased gas production by 400 million cubic meters to 487.4 bcm.
IFRS net profit of Gazprom for 2013 attributable to the company's shareholders decreased by 7% to RUB 1.139 trillion from RUB 1.224 trillion the year before. Sales revenue grew by 10.1% to RUB 5.249 trillion from RUB 4.767 trillion the year before.
According to the DataCapital information retrieval system, RAS net profit of Gazprom for 2013 went up 12% to RUB 628.311 billion. Revenue increased by 7.5% to RUB 3.933 trillion from RUB 3.659 billion, revenue from gas sales to RUB 2.917 billion from RUB 2.799 billion, sales profit to RUB 962 billion from RUB 993 billion.
RAS net profit of JSC Gazprom for H1 2014 fell by 38% to RUB 154.989 billion from RUB 250.144 billion for the same period in 2013. Revenue increased by 9.9% to RUB 2.112 trillion from RUB 1.921 trillion, gas sales revenue by 9.6% to RUB 1.569 trillion from RUB 1.432 trillion.