Almost a trillion rubles: Gazprom and Rosneft suffered record losses

Rosneft and Gazprom published information on the results of work for 9 months of 2020. The documents note record multi-billion dollar losses.

The report of Gazprom says that over the specified time, the company's market capitalization decreased from 6,075 trillion rubles. up to 4,045 trillion rubles. Revenue fell by more than 20% and amounted to 2,74 trillion rubles. The gross profit decreased by almost 40% and corresponds to 917,46 billion rubles. Loss from sales amounted to RUB 180,62 billion. In total, the gas giant missed 9 billion rubles in 592 months of this year.

This is explained by a drop in demand for raw materials in key markets for the company during the COVID-19 pandemic. Western Europe bought only 94,3 billion cubic meters. m of gas, which is 13% less than in the previous year. Central European countries purchased 29,336 billion cubic meters. meters of gas, which is 11% less than last year's result.

Turkey imported 8,85 billion cubic meters. meters of gas, which is 25% less than a year earlier. At the same time, only 9 billion cubic meters were delivered to China via the Power of Siberia gas pipeline in 2,5 months. m of gas, which amounted to 50% of the annual plan stipulated by the contract.

Moreover, the top management of Gazprom received significant remuneration. For 9 months, 14 board members received a total of 1,4 billion rubles. (766,4 million in the form of a premium), which is 30% more than before.

In turn, the company Rosneft during this time received a loss of 177 billion rubles. Revenue amounted to 4,243 trillion rubles, i.e. it collapsed by 34%. At the same time, profit before deduction of expenses on payment of interest, taxes, depreciation and amortization amounted to 845 billion rubles, which is almost 50% less than the same indicator of the previous year.

It should be noted that the devaluation of the Russian ruble has hit Rosneft very hard. The thing is that the company's debt obligations are denominated in dollars (24,8 billion) and euros (4,1 billion). At the same time, short-term debt increased by 38 billion rubles, to 833 billion, and long-term - by 1,05 trillion rubles, to 4,038 trillion.

Thus, during the reporting period, the two largest Russian exporters of energy raw materials missed a total of almost a trillion, and specifically - 769 billion rubles.
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  1. vit670 Offline vit670
    vit670 (Vitali) 14 November 2020 18: 55
    Companies are at a loss, and management bonuses have grown by a third ... For what bonuses? State companies ... Where is Putin looking?
    1. the Saint Offline the Saint
      the Saint (Santa Claus) 14 November 2020 20: 30
      Grandfather looks at his expensive watch, counting the time to see Kabaeva.
  2. Sergey Latyshev Offline Sergey Latyshev
    Sergey Latyshev (Serge) 14 November 2020 19: 26
    But the media are full of peremogs - how Russia supplies oil to Omerika, how it will complete the construction of the "Potoki", how it beat the Arabs, how it introduces new SG terminals, how the price of gas will rise ...
    1. the Saint Offline the Saint
      the Saint (Santa Claus) 14 November 2020 20: 29
      But we will complete the SP-2 not only to spite the USA, but also to spite Germany!
      Otherwise, we will turn off the gas to them!
  3. Ky Ky Offline Ky Ky
    Ky Ky 14 November 2020 19: 29
    Gazik can finally be unclear from the article - were there any losses for the company as a whole. It has been said about sales losses, but there are still other assets.
    I clearly see - that the losses themselves are from a gulkin's nose.

    Well, of course - they have increased taxes on production, and the price of oil has dropped. Finally, URAL can easily sell 40+, but it was even cheaper.
  4. gorenina91 Offline gorenina91
    gorenina91 (Irina) 14 November 2020 19: 31
    Almost a trillion rubles: Gazprom and Rosneft suffered record losses

    - Yes ... - normally they threw Russia into money ...
    - But these are still "flowers" ... - But what kind of grandmother NOVATEK will breed Russia for ... - So it's even scary to think about ... - These will be "berries" ... - so "berries" ...
  5. the Saint Offline the Saint
    the Saint (Santa Claus) 14 November 2020 20: 27
    Sechin, hold on! I have millions in your bank and your stock.
  6. Xuli (o) Tebenado 14 November 2020 21: 54
    ... the two largest Russian exporters of energy raw materials missed a total of almost a trillion, and specifically - 769 billion rubles.

    It would be useful for the author to study the meaning of the Russian word "almost". If 969 billion rubles, then it could be "almost a trillion".
  7. Rus Offline Rus
    Rus 14 November 2020 22: 19
    Effective top managers ....
  8. oracul Offline oracul
    oracul (leonid) 15 November 2020 07: 20
    The market is the market. We are not the first, but certainly not the last. Our liberal guides led the people suffering from "poverty under socialism" into the jungle of consumerism and unlimited freedom. So we got in full what the West has been building and masking for many hundreds of years. Holy simplicity is not otherwise.
    1. Monster_Fat Offline Monster_Fat
      Monster_Fat (What's the difference) 15 November 2020 08: 36
      It's okay, they will recoup at the expense of state aid, as has already happened more than once, -all according to the worked out scheme underlying what in Russia is called "economic relations" between the state and state corporations and "the business of the notorious, nationally oriented entrepreneurs" - "privatization of profits and nationalization of costs and losses"
  9. 123 Offline 123
    123 (123) 15 November 2020 10: 13
    What's going on in the world belay everything around is wonderful, the economy is on the rise, some crooked and thieving Miller and Sechin drove the industry into a stupor?

    For example, the "watchdogs of the bloody Kremlin gebny" Euronews write:

    According to the results of the second quarter of this year, the drop in profits of the British-Dutch oil company Royal Dutch Shell was 82%, the net loss exceeded $ 18 billion. The company's adjusted profit is estimated at $ 638 million, analysts predicted a fall of 674 million.And the French energy company Total reported a drop in adjusted profit by 96% to $ 126 million, while experts estimated the drop at $ 443 million.

    Meanwhile, Italian oil giant Eni has not escaped projected losses of $ 839 million and announced a cut in dividends.

  10. gorenina91 Offline gorenina91
    gorenina91 (Irina) 15 November 2020 10: 53
    - Another "digital" video clip has been posted here ... - there are so many things there ...
    - Only now it is not clear ... - laugh or cry ...
    - In a nutshell :
    - China needs gas ... - Russia, at its own expense, dragged through the tundra, swamps, taiga, swamps, mountains, ravines, etc. ... - a gas pipe with all pumping (pumping stations, dispatching offices, repair and maintenance services, etc.) .) ... - dragged and laid a gas pipe more than three kilometers long to the border of China ... - China did not pay a penny for it !!! - And where further China will drag its gas pipe through its territory ... -that's his business ... - still Russia would lay for him ...
    - China is intensively developing its gas fields (and trying to reach maximum capacity) ... - in order to have a full-fledged gas reserve at home ... - After it does it; then all this will be reserved and China will switch to "someone else's gas" ... - There will also be "Power of Siberia 2" and "Power of Siberia 3" and so on ... - All this Russia will adjust to China at its own expense and the price for Russian supplies Russian gas will be installed by China ... - where can Russia go ... - And China is a solid winner !!!
    - Moreover, if China eventually wins the territory from Russia; then here all these "Forces of Siberia" will become the property of China and will serve it for the good ... - Again, China wins !!!
    - And what did Russia win ??? - Well, more than a dozen high-ranking "near oligarchic" officials won; who participated in the rollback and sawing off of part of the people's billions that were allocated for the construction of all these gas pipelines ... - That's the whole "benefit" ... for Russia ... - And tens of thousands of Russian villages, villages, townships, small towns, settlements ... - and remained without Russian gas ... - And what is the price of gas for the Russian consumers themselves ... - in terms of the average Russian salary ??? - Higher and higher ... - And there is no need to compare with Norway and other gas-producing states ... - you just need to first compare Norwegian salaries with Russian salaries ...
    - So only one can smile ... China ...
  11. kriten Offline kriten
    kriten (Vladimir) 15 November 2020 15: 54
    A great contribution to such results is made by the permanent leaders of oil and gas monopolies, who have long lost their vision of the situation on the markets, drowning in big money. The losses that they hang on the state do not bother them at all; they are permanent. And only the GDP does not know about their current "quality" as managers.
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  13. Potapov Offline Potapov
    Potapov (Valery) 16 November 2020 10: 03
    They did not fit into capitalism ... The shameful people leaked the national property ...