Russian oil and gas firm Rosneft said its July-September net profit fell to 1 billion roubles ($23.3 million) from 172 billion roubles in the previous quarter.
The firm also revealed that its net debt reached 1.77 trillion roubles in the third quarter.
Rosneft has asked for more than 2 trillion roubles support from the state National Wealth Fund to help cope with the sanctions.
“Our input into the budget revenues is the largest in the country, that’s why we are not ashamed to put forward such a request,” Interfax news agency quoted Rosneft Chief Executive Officer Igor Sechin as saying.
“If we don’t get it we will cope by ourselves. Some things will be changed, but on the whole, there is no drama,” said Sechin, a close ally of President Vladimir Putin.
Rosneft also plans to repay $10.2 billion in loans in the fourth quarter of 2014 and $19.5 billion next year.
