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Rosneft is Bigger at London, Gazprom – at Moscow Stock Exchange

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April 12, 2016

Tsargrad

Translated by Kristina Kharlova

Rosneft capitalization has surpassed the capitalization of the largest Russian gas monopoly at London stock exchange on Monday. Rosneft cost $51,083 million while Gazprom – $50,898 million. 

Gazprom is holding on to its leading position in ruble equivalent at the Moscow stock market  at 3,449 billion rubles, Rosneft – 3,419 billion rubles.  In the last 12 months Gazprom depreciated by 1.5%, while Rosneft appreciated by 26%. 

The gas monopoly lost the title of the most expensive Russian company. 

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