JKX on Thursday unveiled a net profit lastyear of $6.5 million as against a loss of $11.34 million in 2012. This wasdespite revenues sinking from $202.86 million to $180.74 million, largely dueto a reduction in Ukrainian gas sales, but also because production in Hungarywas down. By contrast, Russian gas sales were up.
“We aremonitoring the commercial market for our production closely as the impact ofcurrent political changes in the country becomes apparent,” the company said.
“We