2019-05-30 17:35:00
GAZPROM'S PROFIT UP
FT - Russia's state-owned gas giant Gazprom increased its first-quarter net profit by 44 per cent over the previous year as higher gas prices offset lower gas export volumes.
The company on Thursday reported net profit attributable to its shareholders of Rbs535.9bn ($8.2bn) for the January-March period. Net sales to Europe and other countries increased 10 per cent on the previous year to Rbs837.4bn, it said.
"This is due to average price growth (including excise and export duty) in rouble terms, which was partly compensated by a decline in the volume of sold gas by 13 per cent, or 9.1bn cubic meters," Gazprom said. "At the same time, average prices rose 12 per cent in US dollar terms."
Gazprom, which has a monopoly on pipeline gas exports in Russia, supplied 49bn cubic meters of gas to Europe and Turkey in the first three months of the year, down nearly 10 per cent on the prior year due to warmer weather, high volumes in underground gas storage facilities and lower demand from Turkey.
Overall this year, Gazprom expects to keep gas exports to Europe and Turkey — which it refers to as the "far abroad" — at last year's record level, it said last month. The company exported 201.9bn cubic meters to the region last year.
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Earlier:
2019, May, 23, 12:15:00
U.S. SANCTIONS FOR GERMANY
The German Economy Ministry has taken note of the threat of U.S. sanctions being placed on the Nord Stream 2 gas pipeline project, a spokeswoman said on Wednesday, adding that Berlin rejected sanctions that have extraterritorial effect.
2019, May, 23, 12:10:00
RUSSIA'S GAS FOR AUSTRIA: +44%
the meeting participants discussed the ongoing exports of Russian gas to Austria, noting that gas exports to the country continue to grow in 2019 and the pace is accelerating. According to preliminary data, gas supplies went up by 20.5 per cent in January-April 2019 compared to the same period of 2018, while the May 1–20 period of this year showed a 44 per cent increase.
2019, May, 21, 15:30:00
РУССКИЙ ГАЗ ДЛЯ ЕВРОПЫ: 35%
“По итогам 2018 года доля российского газа в потреблении газа Европой достигла более, чем 35%, а в импорте - 46%, то есть это почти половина. При этом Евросоюз остается основным потребителем газа из России - доля стран Евросоюза в поставках "Газпромом" в прошлом году достигла уже более 86%, что говорит о нашей существенной взаимозависимости, и о том, что мы должны действовать достаточно скоординировано", - заметил замглавы Минэнерго России.
