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Gaszprom Neft posts on 41% hike in petroleum product export in Q1

May 16, 2014, 20:28 UTC+3 MOSCOW
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MOSCOW, May 16. /ITAR-TASS/. Gazprom Neft raised its export of petroleum products by 40.6% in January-March 2014, versus October-December 2013, to 4.19 million tonnes, the company said in its report calculated under the International Financial Reporting Standards.

The hike in export was linked with re-distribution flows from the domestic market due to the drop in demand, as well as with the entry to new foreign markets.

Moreover, the report also posted on the two-fold growth to 5.35 million tonnes in the sale of air fuel, which was caused by the diversification of supplies.

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