Russian Financial Control Monitor

MOSCOW. Gazprom Neft Aero, the operator of Gazprom Neft’s jet fuel business, remained the leader of the Russian jet fuel retail market (controlling 23%) and the biggest refuelling operator at the Defence Ministry’s aerodromes in the first six months of 2013. Its total jet fuel sales reached 1.5mn metric tons in January-June, with into-plane fuelling accounting for 1mn metric tons, up 14% from the first six months of 2012.

MOSCOW. TGC-1's net profit grew 37.1% in the first half of this year, to RUR4.357bn ($131.55mn, or €98.4mn) as estimated under IFRS, the generation company said on its website. In January-June 2012, the company reported profit of RUR3.179bn under International Financial Reporting Standards. Consolidated TGC-1 revenue for the first six months of 2013 totaled RUR37.421bn, up 16.5% year-on-year, as electricity sales grew 20.4% mostly on growing prices at the day-ahead market. Heat sales grew 9.2% also due to growing prices. EBITDA stood at RUR10.259bn, up 34.2%.

2023-10-08 11:42:18