OAO Gazprom Neft (SIBN.RS), the oil unit of state-controlled OAO Gazprom (GAZP.RS), Friday said net profit rose 10.2% in 2012 from 2011 to 176.7 billion rubles ($5.87 billion), on the back of higher oil prices and higher production and refining volumes.

OAO Gazprom Neft (SIBN.RS), the oil unit of state-controlled OAO Gazprom (GAZP.RS), Friday said net profit rose 10.2% in 2012 from 2011 to 176.7 billion rubles ($5.87 billion), on the back of higher oil prices and higher production and refining volumes.

MAIN FACTS:

-Revenue for 2012 rose 19.5% on the year to RUB1.23 trillion.

-Adjusted earnings before interest, taxes, depreciation and amortization, or Ebitda, totaled RUB323.6 billion, up 7.8%.

-Hydrocarbon production rose 4.1% to 439.0 million barrels of oil equivalent.