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Russia’s Novatek’s Second-Quarter Profit More Than Doubles

Adel 29 July, 2021 11:20 am Forex Market, Market Update

Novatek, Russia’s largest liquefied natural gas producer, said Wednesday, July 28, that its net profit more than doubled to 99.3 billion rubles ($1.35 billion), citing a recovery in oil and gas prices and production volumes.

Revenue jumped 83.7% to 264.5 billion rubles.

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