Rosneft’s revenues dropped by more than 3% to less than 5 trillion rubles.
The oil producer said that its liquids output increased marginally by less than 1% last year, excluding the positive effect on output from the acquisition of a 50% stake in Bashneft oil producer in October last year.
Meanwhile, Gazprom-owned oil company Gazpromneft reported a record 83% increase in its net profit for last year to over 200 billion rubles following the rapid growth of production at its two recently commissioned fields in the Yamal-Nenets autonomous region in West Siberia.
