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Russia's Gazprom says 2021 net profit jumps to almost $28 billion

The company said its 2021 sales increased to 10.2 trillion roubles from 6.3 trillion roubles in 2020

Gazprom | Russia | crude oil supply


Gazprom, oil
A board with the logo of Gazprom Neft oil company is seen at a fuel station in Moscow, Russia. Photo: Reuters

Russian energy giant said on Thursday its 2021 net profit jumped to 2.09 trillion roubles ($29 billion) from 135 billion roubles in the pandemic-stricken 2020 thanks to rising prices of oil and gas.

The company said its 2021 sales increased to 10.2 trillion roubles from 6.3 trillion roubles in 2020.

(Reporting by Reuters; Editing by Edmund Blair)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Thu, April 28 2022. 20:18 IST