OREANDA-NEWS. November 11, 2011. At RAS, ITERA Oil and Gas Company revenue from gas and oil sales went up 48.5 percent within three quarters of 2011, if compared to the same period of last year, to Rub. 41.9 billion, reported the press-centre of ITERA. 

The growth of revenue is attributed to the increase by the Federal Agency on Tariffs of natural gas price and increased volume of gas sold. Within nine months of 2011, the Company had supplied consumers with 15.4 billion cu m of natural gas, out of which volume the Company produced 9.4 billion cu m.

Operating surplus of the Company was Rub. 7 billion in January-September of 2011.

The accounting reporting of ITERA Oil and Gas Company, LLC for the last nine months of 2011 is available at the Company’s corporate site: www.itera.ru.