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Surgutneftegaz Says Cash Pile Grows 31% in 2015

Posted by March 30, 2016

Cash reserves of Russia's third-largest oil producer Surgutneftegaz increased by 31.2 percent to 2.42 trillion roubles ($35.8 billion) in 2015, Interfax news agency reported on Wednesday.
 
It also said that Surgut's 2015 net income under Russian Accounting Standards declined to 751.4 billion roubles from 891.7 billion roubles in 2014.
 
(Reporting by Vladimir Soldatkin)

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