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Gazprom Neft Special Meeting Set for Febuary 22nd The Holders Will Elect New BOD Members

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Core prompt: AK&M reported the company said that at Gazprom Neft special meeting set for Febuary 22nd the holders will elect new BOD members. According to the amendments to the articles now BOD includes 11

AK&M reported the company said that at Gazprom Neft special meeting set for Febuary 22nd the holders will elect new BOD members.

According to the amendments to the articles now BOD includes 11 seats. The 2011 net profit rose 71% to USD 5.347 billion revenues being up 34.3% to USD 44.189 billion EBITDA 40.3% to USD 10.121billion.

The HI 2012 net profit added 0.4% to come to RUB 78.726 billion revenues rose 18.8% to RUB 579.182 billion EBITDA 6.6% to RUB 149.297 billion. The 9 month 2012 profit of Gazprom neft holders added 8.8% to come to RUB 134.677 billion.

The revenues rose 20.4% to RUB 912.32 billion corrected EBITDA 10% to RUB 244.894billion. The capital expenses moved up 21% to RUB 106.013 billion due to the active development of the fields in Orenburg reg. and modernization of refineries in Russia and Serbia.

The 9 month output reached 326million barrel of oil equivalent to exceed prior year figures by 4.8% due to the intensification of the works, acquisition of assets in the region by pass gas utilization. The refining added 5.8% to gain 32.67million tonne sales reached 17.22million tonne or 19.7% higher prior year period.

The 9 month 2012 net profit increased 18.2% to RUB 66.419 billion from RUB 59.19 billion prior year period revenues moved up 11% to RUB 672.686 billion from RUB 607.278 billion pretax profit 5% to RUB 74.674 billion from RUB 70.901 billion gross profit being down 22% to RUB 97.523 billion from RUB 125.246 billion.

 
 
 
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