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URGENT: Gazprom's debt in 1H05 down 7% to $16.2 bln - report

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MOSCOW, November 25 (RIA Novosti) - The debt of Russian energy giant Gazprom in the first six months of 2005 decreased by 7% from 499.9 billion rubles ($17.4 billion) to 466.3 billion rubles ($16.2 billion), the company said Friday in a press release.

"The reduction of the net debt was mainly caused by a growth in inflow of monetary funds from operations," the statement said.

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