The 9-month profit of Gazprom Neft's holders under IFRS rocketed down 88.7% to 36.19bn rub. from 319.97 bn rub. prior year period, as it was informed by the company.
The revenues declined 22.5% to 1.45tril rub. from 1.87tril. rub.; EBITDA - 50.2% to 276.45bn rub. from 555.25bn rub.
The refining volume at own and JVs’ refineries dropped 2.9% to 30.17 million tons from 31.08 million tons, sales through premium channels –15% to 17.1 million tons from 20.11 million tons, sales through gas stations –8.6% to 7.13 million tons from 7.8 million tons.
The hydrocarbons output including JVs added 0.3% to come to 532.58 million barrels vs. 531.14 million barrels. The output with respect to JVs increased 0.2% to gain 72.09 million tons from 71.9 million ton.
Gazprom Neft (TIN 5504036333) and its subsidiaries are holders of 61 licenses for exploration and development of the oil fields. The proven oil reserves exceed 4.5 billion barrels. The major holder of the Company is Gazprom Group..
The 2019-net profit of the holders under IFRS increased 6.2% to 400.201bn rub. from 376.667 bn rub. prior year; revenues - 2.485tril rub. ; adjusted EBITDA remained steady at 795.1bn rub. despite negative price dynamics and market trends
