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Net Profit of Rosneft Falls by 20% in H1, 2017

08/08/2017
Роснефть выступила против передачи Дагестану побережья Каспия
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Rosneft increased its daily average production of hydrocarbons in the first half of 2017 by 10.2% compared to the same period a year earlier to 5.74 million barrels of oil equivalent (a total of 140.3 million tons of oil equivalent), the company said in a statement.

In the first half of 2017 Rosneft reduced its net profit by 19.8% compared to the same period last year – to 81 billion rubles.

The proceeds of Rosneft for six months increased by 23.2% – to 2.809 trillion rubles.

The net debt of Rosneft for the year increased by 47% and at the end of the first half of the year it amounted to 2.216 trillion rubles, while from the beginning of the year the indicator grew by 17.2%. At the same time, in dollar terms, the net debt for the year increased by 60.3% to $ 37.5 billion as of June 30 of this year against $ 23.4 billion a year earlier.

Tags: Russia oilРоснефть

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