LNG

Feb 1 (LNGJ) - Gazprom, the world's largest natural gas company, saw third-quarter profit decline by around 4.5 percent. Net profits for the pipeline gas company, which also owns the Sakhalin II LNG plant, declined to 151 billion roubles ($5 billion) from 158Bln roubles in the same quarter a year ago. Revenues rose more than 20 percent to 950Bln roubles because of price increases, but its dollar-denominated debts cost more to service as the Russian currency weakened and hit profits.