According to US GAAP, net profits of Sibneft were $1.305bn in 2001 against $674.8m in 2000. The earnings before interest, tax, depreciation and amortization (EBITDA) grew by 67 percent and reached $1.719bn ($1.027bn in 2000), the press service of the company reported.
In 2001, the increase in oil production was 20 percent as compared to 2000 (from 17.199 million tons to 20.671 million tons).
Direct production expenditures of the company went down by 3 percent to $1.7 per barrel ($12,25 per ton). Net profits were $63.15 per ton of products. The relation of net profits to earnings grew from 28 percent in 2000 to 37 percent in 2001.
Moscow is trying to stop Balkan countries from entering NATO. Greece eventually took measures against Russia, even though Greek Prime Minister Alexis Tsipras had earlier said that Russia was Greece's strategic partner
The Ukrainian government refuses to abode by its obligations, rejects a peaceful resolution of the conflict, and disregards its own people, the president said