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Gazprom Sees Full-Year Profit Down 10% on European Rebates

OAO Gazprom, the world’s biggest natural-gas producer, said net income will drop as much as 10 percent this year because of repayments to European customers and higher taxes.

Gazprom has earmarked as much as 200 billion rubles ($6 billion) for potential rebates to European companies in 2013, with RWE AG the latest to win concessions today following arbitration.