The company reported quarterly net income of 56 billion roubles ($1 billion), up more than 30% on 43 billion roubles earned a year earlier, although revenue fell 6.3% year on year to 1288 billion roubles.
Rosneft benefited from a 3.1% cut in operating costs as it boosted hydrocarbon output over the year by 2.1% to 5.2 million barrels of oil equivalent per day in the quarter.
However,
