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Gazprom's net profit more than doubled to $12 bln in 1H08

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Russian energy giant Gazprom [RTS: GAZP] said Thursday its net profit calculated to Russian Accounting Standards more than doubled, year-on-year, in January-June 2008 to 285.7 billion rubles ($12.2 billion).
MOSCOW, July 31 (RIA Novosti) - Russian energy giant Gazprom [RTS: GAZP] said Thursday its net profit calculated to Russian Accounting Standards more than doubled, year-on-year, in January-June 2008 to 285.7 billion rubles ($12.2 billion).

Gazprom, which accounts for nearly 20% of global and 85% of Russia's natural gas production, said its net profit in January-June 2007 totaled 138.67 billion rubles ($5.9 billion).

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