Rosneft sees 15% decline in net profit 

Russian largest oil producer Rosneft said on Wednesday its nine-month net profit was 591 billion rubles ($9.4 billion), down 15% from a record-high 696 billion rubles reported for the same period in 2021, Report informs.

The company exported 77.3 million tons of oil in the reporting period, up 4.8% from a year earlier.

Rosneft said the most significant negative impact on income came from the transfer of the company's assets in Germany to external management of the Federal Network Agency, which resulted in recognition of an additional loss of 56 billion rubles ($0.9 billion).