MOSCOW, December 24. /TASS/. Gazprom expects gas sales revenues to be above the target and EBITDA to climb over 2.8 trillion rubles ($27.9 bln) as of the end of 2024, Deputy CEO of the Russian gas holding Famil Sadygov said.

"The Gazprom Group’s EBITDA will rank among the highest in the company’s history. This indicator was already above the value for the entire 2023 in nine months of 2024. According to conservative estimates, EBITDA of the Gazprom Group will be more than 2.8 trillion rubles," Sadygov said, cited by the company. The debt burden level as of the end of 2024 will decline from 2.8 to 2.1 for the net debt/EBITDA indicator.

Gazprom will show strong results by key metrics as of the end of this year, the senior executive noted. In particular, earnings from gas sales will total 4.6 trillion rubles ($46 bln) or 155 bln rubles ($1.6 bln) above the initial target.