Gazprom issued its unaudited consolidated interim financial information for the six months ended June 30, 2021.
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Net sales of gas increased by RUB 833,968 million, or 60%, to RUB 2,220,557 million for the six months ended June 30, 2021 compared to the same period of the prior year. The increase of sales was mainly to an increase of sales of gas to Europe and other countries.
Net sales of gas to Europe and other countries increased by RUB 702,414 million, or 93%, to RUB 1,458,693 million for the six months ended June 30, 2021 compared to the same period of the prior year. The change was mainly due to the increase in average prices (including excise tax and customs duties) denominated in the Russian Ruble by 63% and the increase in volumes of gas sold by 23%, or 22.4 bcm. At the same time average prices denominated in US Dollar increased by 53%.
Net sales of gas to Former Soviet Union countries increased by RUB 48,418 million, or 35%, to RUB 187,701 million for the six months ended June 30, 2021 compared to the same period of the prior year. The change was due to the increase in volumes of gas sold by 23%, or 3.4 bcm, and the increase in average prices (including customs duties) denominated in the Russian Ruble by 13%. At the same time average prices denominated in US Dollar increased by 6%.
Net sales of gas in the Russian Federation increased by RUB 85,455 million, or 17%, to RUB 574,158 million for the six months ended June 30, 2021 compared to the same period of the prior year. This change was mainly explained by the increase in volumes of gas sold by 13%, or 15.8 bcm, and the increase in average prices (net of VAT) by 4%.
Net sales of refined products (net of excise tax, VAT and customs duties) increased by RUB 371,912 million, or 45%, to RUB 1,192,765 million for the six months ended June 30, 2021 compared to the same period of the prior year. The increase in net sales of refined products was mainly due to an increase in average prices denominated in the Russian Ruble in all geographic segments.
Net sales of crude oil and gas condensate (net of VAT and customs duties) increased by RUB 181,008 million, or 85%, to RUB 393,058 million for the six months ended June 30, 2021 compared to the same period of the prior year. The change was mainly due to an increase in net sales of crude oil primarily caused by an increase in average prices of crude oil. ■