Cash Reserves Up 80% at Russia's Surgut

The cash reserves at Russia's third-largest oil producer Surgutneftegaz have swelled 80 percent to 1.8 trillion roubles ($31.2 billion), company data and Reuters calculations showed on Monday.

At the end of 2013, Surgutneftegaz's cash pile, which includes bank deposits and cash on hand, had stood at 1.02 trillion roubles.
 

Reporting by Olesya Astakhova