Germany's largest internationally active crude oil and natural gas producer, Wintershall, achieved record new figures in 2012. The company increased net income after taxes and minority interests by almost 13 percent to 1.2 (2011: 1.1) billion euros, thereby crossing the billion euro threshold for the second time running.

Sales by the BASF subsidiary rose by 39 percent to 16.7 (2011: 12.1) billion euros. Wintershall also achieved a new production record in the company's over 100-year history, at 144 (2011: 113) million barrels of oil equivalent (boe).

The significant increase in oil production in Libya and the expansion of natural gas production in Russia were key contributors to this new production record. Natural gas trading activities also contributed to the positive result. In 2012 the company was able to exceed the sales and earnings achieved the previous year in this segment. 'The goal is to increase Wintershall's sales and earnings once again in 2013,' the Chairman of the Board of Executive Directors, Rainer Seele, said.

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