annual report, page-4

Got it – the gas sales are entirely JSPC Yerostigaz. Taking into account cost of goods sold, it looks like they have turned Yerostigaz around such that its now profitable. Small money I know, but its good to see they are adding value to the their operations and indicating further efficiency gains to come. It will primarily affect LNC through a re-valuation via the balance sheet. I recall they paid next to nothing to acquire the Yerostigaz stake because it was loss making.

Yerostigaz has a 31 Dec balance date, so I suspect it may get some coverage in the new year.