Russian Gazprom's quarterly profit falls on lower export prices, volumes
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MOSCOW (Reuters) - Russian state gas producer Gazprom posted on Friday a third-quarter net profit of 212 billion roubles (2.6 billion pounds), down 45% from the same period a year ago on lower export volumes and weaker gas prices in its core European market.Gazprom is set to start up its major Power of Siberia gas pipeline to China next week that aims to deliver 38 billion cubic metres (bcm) of gas a year by 2025. The firm is set to supply 5 bcm next year, 10 bcm in 2021 and 15 bcm in 2022, a..