Gazprom 2013 Profit Falls on Lower Gas Sales to Former Soviet States

MOSCOW—Russian state gas company OAO Gazprom Tuesday said net profit for 2013 dropped 7% compared with the previous year amid lower gas sales to former Soviet countries.

Sales to former Soviet countries fell 21% to 420 billion rubles ($11.7 billion), as prices decreased and volumes, in particular to Ukraine, dropped.

Net profit for the…