October 22, 2008, 11:41 http://www.russiatoday.com/business/news/32215
Gazprom muscles up with $10 Billion 1Q 2008 Net ProfitGazprom has posted a 1Q 2008 Net profit of $10.1 Billion under IFRS. The bottom line result is a 30% jump on the same period 2007, with EBITDA up 62% to $15.8 Billion, on the back of Revenues of $33.8 Billion, up 48%.The stronger than expected results reflected surging gas prices in the early part of this year, with analysts widely predicting strong second quarter results for the gas giant. But the company has been hit by turmoil on global financial markets with its share price being slashed by more than 60% since May and Gazprom reviewing of capital expenditure for the coming year.
Qatar wants regular gas exporters' meetings - paper
22/ 10/ 2008 http://en.rian.ru/world/20081022/117880638.html
ABU DHABI, October 22 (RIA Novosti) - A senior Qatari government official has said the country welcomes the creation of a Gas Troika forum involving Russia, Iran and Qatar for regular natural gas dialog, Qatari newspaper Al-Rayah reported on Wednesday.
At a meeting in Tehran on Tuesday, Gazprom CEO Alexei Miller, Iranian Oil Minister Gholamhossein Nozari and Qatari Energy and Industry Minister Abdallah bin Hamad al-Atiyah agreed on establishing a working commission, one goal of which will be to study joint and three-party projects.
Atiyah was quoted by Al-Rayah as saying that cooperation between Qatar, Russia and Iran would serve as a goof basis for the development of political ties between the gas exporters.
According to Atiyah, regular meetings of the Gas Troika will be held in Doha, the capital of Qatar, and subsequently in Moscow, the paper said.
Atiyah also said he supported Russia's participation in OPEC discussions on oil output cuts at a conference to be held in Vienna on Friday.
On Tuesday, the head of Gazprom said after the agreement on establishing a Gas Troika forum was reached that dialogue between Russia and the two largest gas producers in the Mideast could be highly useful for the gas market as a whole, and provide a boost to gas exporting countries.
"We are united by the world's largest gas reserves and common strategic interests, and what is especially important, the strong potential of cooperation under three-party projects. All these factors laid the basis for accords of principle importance. We agreed on regular Gas Troika meetings three or four times a year to discuss the most important issues relating to the gas market that are of mutual interest," Miller said.
Ρωσία - ΚΑΤΑΡ - ΙΡΑΝ προς δημιουργία "ΟΠΕΚ" φυσικού αερίου .?