The net profit growth of Gazprom Neft in 2018 was 48.7%. This was said in a statement of company.

According to published materials, the total profit reached 376.7 billion rubles. Last year, Gazprom Neft's revenues amounted to 2.489 trillion rubles, an increase of 28.7% compared with 2017.

EBITDA profit amounted to 799.1 billion rubles, an increase of 45.1% in annual terms.

“A significant increase in the company's operating cash flow, as well as the completion of major infrastructure investments in large mining projects, ensured an increase in free cash flow in 2018 by 2.5 times, to 162 billion rubles,” the company notes.

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