The profits of the Russian Gazprom rise to 7 billion in the second quarter

Russian natural gas giant Gazprom said Monday that its second quarter profits of quest’year more than tripled to 521.2 billion rubles ($ 7 billion), compared to the same period last year, in a context of recovery of the energy markets.

The company also added that its revenue in the three months from April to the end of June increased to 2.07 trillion rubles from 1.16 trillion in the same period in 2020.

He added that he expects investments of 1.8 trillion rubles in 2021.

Gazprom’s natural gas exports in the first seven months of questyear increased 23.2 percent year-over-year to 115.3 billion cubic meters.

The company added in an earlier statement that its natural gas production was 298.2 billion cubic meters over the same period, an increase of 18.4 percent year-over-year.

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