In 2013, Saratov oil refinery increased net profit by 1.6 times

In 2013, the Saratov oil refinery increased net profit by ISA by 1.6 times to 2.875 billion rubles, revenue by 8% to 12.589 billion rubles, operational profit by 1.5 times to 3.632 billion rubles, and pretax profit by 1.7 times to 3.536 billion rubles. Common expenses, including those to amortization, production and operational activity reduced from 9.221 billion rubles in 2012 to 8.957 billion rubles in 2013.

The Saratov oil refinery joined Rosneft in March 2013. Its annual capacity is 6.75 million tons of oil.

Translated by Nadezhda Poltoratskaya

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