OREANDA-NEWS. June 6, 2007. According to consolidated US GAAP financial results released today, in 2006 JSC Gazprom Neft revenues increased by 38% up to $20,2 bln. in comparison with the previous year.

Earnings before taxes, interest, depreciation and amortization (EBITDA) rose 27% up to $5,2 bln.

In spite of tax burden growth which is higher then 41%, JSC Gazprom Neft net income increased by 31% up to 3,7 bln in comparison with 2005 year results.

Key Gazprom Neft Financial Figures (million USA dollars):

2005 year:
• Revenues -14 585
• EBITDA 4 061
• Net income 2 805

2006 year:
• Revenues20 172 
• EBITDA  5 168 
• Net income 3 661