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Russia's Gazprom Neft Q3 earnings rise 27% from previous quarter

MOSCOW, Nov 19 (Reuters) - Gazprom Neft, the oil arm of Russian gas company Gazprom, said on Thursday its third-quarter net income rose by 27% from the previous three months to 28 billion roubles ($369 million) on the recovery in oil prices.

It also said its free cash flow reached 50.8 billion roubles in the July to September quarter, while revenue increased by 35% quarter-on-quarter to 536.7 billion roubles.

$1 = 75.8909 roubles Reporting by Maxim Rodionov and Vladimir Soldatkin; Editing by Christian Schmollinger

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