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INPEX sees decrease in natural gas sales

Oil&Gas Materials 13 August 2021 10:49 (UTC +04:00)
INPEX sees decrease in natural gas sales

BAKU, Azerbaijan, August 13

By Leman Zeynalova – Trend:

Japanese INPEX company decreased net sales of natural gas by ¥23.4 billion, or 16.9 percent, to ¥114.8 billion in the first six months of 2021, Trend reports with reference to the company.

Sales volume of natural gas decreased by 19,562 million cf, or 8.8 percent, to 203,293 million cf. Sales volume of overseas natural gas decreased by 22.400 million cf, or 12.2 percent, to 160.631 million cf. and sales volume of domestic natural gas increased by 76 million İTİ. or 7.1 percent to 1,143 million rri (42,663 million cf).

The average sales price of overseas natural gas decreased by US$0.33, or 7.9 percent to US$3.84 per thousand cf. and the average sales price of domestic natural gas decreased by ¥9.61, or 19.0 percent, to ¥41.04 per rri. The average exchange rate of the Japanese yen against the U.S. dollar on consolidated ncl sales appreciated by ¥0.52, or 0.5 percent, to ¥107.89 per U.S. dollar.

Other income decreased by ¥8.6 billion, or 19.1 percent, to ¥36.7 billion due to a decrease in equity in earnings of affiliates and others. Other expenses increased by ¥20.6 billion, or 103.7 percent, to ¥40.5 billion due to an increase in equity İn losses of affiliates and others. Asa result, ordinary income increased by ¥70.5 billion, or 47.3 percent, to ¥219.8 billion.

Total amount of current income taxes and deferred income taxes increased by ¥97.7 billion, or 124.9 percent to ¥176.0 billion, and net loss attributable to non-controlling interests was ¥8.1 billion. As a result of the above effects, net income attributable to owners of parent was ¥51.9 billion compared with ¥120.7 billion of net loss attributable to owners of parent for the corresponding period of the previous fiscal year.

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