Net profit of Slavneft under RAS in H1 rose by 9.2% to 4 bln roubles

​The net profit of a JV of Rosneft and Gazprom Neft – Slavneft – under RAS in H1 2015 made up 4.083 bln roubles, by 9.2% more than in H1 2014, Slavneft reports.

The company’s revenue in H1 almost didn’t change and made up 5.483 bln roubles. The long-term obligations as of June 30th 2015 made up 13.707 bln roubles against 7.314 bln roubles as of the end of 2014; short-term obligations – 26.72 bln roubles against 39.813 bln roubles respectively.

Slavneft holds licenses for geological study of subsoil, exploration, oil and gas extraction at 31 license sites in the Western Siberia and Krasnoyarsk region. In 2014 the company extracted 16.2 mln tons of oil.

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