NOVATEK’s net profit under Russian Accounting Standards (RAS) in 2022 amounted to 640.4 billion rubles, news agencies reported, citing the company’s financial statements.

The figure exceeded the year before last (318.3 billion rubles) more than twice. The company’s revenue in 2022 increased by 10.3% and amounted to 804.8 billion rubles. The cost of sales increased to 451.9 billion rubles. (growth year on year – 6.4%).

The net profit of another Russian gas giant, Gazprom, for 2022 decreased by more than 3.6 times, to RUB 747.2 billion. In general, according to Kommersant’s information, gas production in Russia in 2022 fell by 11.8%, to 672 billion cubic meters. m.