Russia's natural gas giant OAO Gazprom (GAZP.RS) will post record profits in 2008 despite the global financial crisis, Deputy Chairman Alexander Medvedev said in an interview published Sunday in an Italian newspaper.
Although Gazprom's share price has suffered from the market turmoil, Medvedev told Rome daily Il Messagero he isn't concerned about the company's financial position.
The gas giant has enough money to complete this year's EUR23 billion investments without having to ask for loans, Medvedev said.