OREANDA-NEWS. OJSC Rosneft (Rosneft or “the Company”) on December 27 reported its consolidated financial results in accordance with US GAAP for the third quarter and first nine months of 2006, both periods ending September 30, 2006.

In the first nine months of 2006, Rosneft’s total revenues increased by 50.6% to USD 25,521 million from USD 16,944 million in the first nine months of 2005.

In the third quarter of 2006 Rosneft’s total revenues increased by 29.4% to USD 9,165 million from USD 7,080 million in the third quarter of 2005. In the first nine months of 2006 EBITDA grew by 13.6% to USD 6,395 million from USD 5,627 million in the first nine months of 2005.

Net income adjusted for the sale of CJSC Sevmorneftegaz and minority interest in the income of subsidiaries increased by 1,6% to USD 3,027 million in the first nine months of 2006 from USD 2,978 million in the first nine months of 2005.