The company also said Friday that average crude oil production of the Moscow-based company went up from 2.37 million barrels a day to a record of 2.40 million barrels, boosted by strong output at the Vankor and Verkhnechorsk fields in Eastern Siberia.
The firm, which is owned 75 percent by the Russian government, was dealt a temporary blow in the second quarter as its deal with BP broke down after months of negotiations and high-profile patronage.
Rosneft and BP agreed in January to swap shares worth $16 billion and jointly develop the Russian sector of the Arctic passed Tuesday. But BP’s Russian partners blocked the deal in court.
Rosneft is now looking for new partners to work in the Arctic.
The Russian government has recently announced plans to privatize some of its stake, although it will retain a majority stake in the oil producer.
Moscow-based investment bank UralSib said Rosneft’s shares are weighed down “by the continuing uncertainty over the company’s long-term strategy, the government’s privatization plan and government support in general.”
