Russia's Surgutneftegaz reports sharp decline in net income

Richest Russian oil producer also reveals drop in multi-billion cash reserves after years of continuous growth

Conservatism: President of Russian oil producer Surgutneftegaz, Vladimir Bogdanov
Conservatism: President of Russian oil producer Surgutneftegaz, Vladimir BogdanovPhoto: SURGUTSKAYA TRIBUNA
Published 7 April 2020, 15:03Updated 7 April 2020, 15:03