Gazprom swung to a small net loss in the third quarter of last year as a loss on foreign exchange weakened the ruble.
The Russian state gas giant said it had made a loss of $26million compared to the same time last year.
Gazprom said sale volumes to Europe are up 2% for the first nine months of last year to 125.3billion cubic metres, driving revenues for the period 17% higher because of the higher ruble price.