Huge cash reserves boost profit at Russia's fourth-largest oil producer

Low-profile player Surgutneftegaz sees unprecedented growth in bottom line in the first half

Circular motion: downtown of the West Siberian city of Surgut that hosts the headquarters of Russian oil producer Surgutneftegaz
Circular motion: downtown of the West Siberian city of Surgut that hosts the headquarters of Russian oil producer SurgutneftegazPhoto: HELIONEWS.RU
Published 14 December 2020, 15:48Updated 14 December 2020, 15:50