In January – September, KMG EP reduced net profit by 46% to $615 million

In January – September, KMG EP reduced its net profit by 46% to $615 million, due to devaluation expenses, and a reduction in income from joint and associated enterprises and the growth in production expenses. Within the period, revenue remained $4 billion. A reduction in the Brent oil price by 3% and a decline in oil exports by 142,000 tons was partially compensated by the growth in internal oil supplies by 281,000 tons.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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