MOSCOW, Nov 29 Russia’s Gazprom today reported its highest ever quarterly net profit at 581.8 billion roubles (RM33 billion) for the third quarter reflecting high natural gas prices. The Kremlin-controlled company, which a year ago suffered a loss of 251 billion roubles, benefited from.
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ST PETERSBURG, Oct 7 Europe’s soaring gas prices could destabilise the region’s economy and cooperation between producers and consumers could help balance the market, the head of Russian gas producer Gazprom’s export arm told a forum today. Prices have surged by more than 800 per cent.
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