Gazprom Budgets 25% Of 2012 Net Profit In Dividends

Gazprom Budgets 25% Of 2012 Net Profit In Dividends
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Τετ, 9 Νοεμβρίου 2011 - 18:27
Russian state gas firm OAO Gazprom (GAZP.RS) has budgeted paying 25% of its 2012 net profit in dividends, Deputy Chief Executive Andrei Kruglov said Wednesday.
Russian state gas firm OAO Gazprom (GAZP.RS) has budgeted paying 25% of its 2012 net profit in dividends, Deputy Chief Executive Andrei Kruglov said Wednesday.

"The figure in the 2012 budget is 25%," Kruglov said on a conference call after the company announced its second-quarter results.

Kruglov also said it expects to supply 164 billion cubic meters of natural gas to European customers in 2012, compared with forecast deliveries of between 151 billion and 152 billion this year.

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