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Record Loss for Russia s Gazprom as European Market Closed

The state-owned firm suffered a net loss of 629 billion rubles ($6.9 billion) in 2023 compared to a net profit of 1.23 trillion rubles in 2022.

Record loss for Russia s Gazprom as European market closed

Record loss for Russia s Gazprom as European market closed
france24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from france24.com Daily Mail and Mail on Sunday newspapers.

Record loss for Russia s Gazprom as European market closed

Russian energy giant Gazprom said Thursday it suffered a record annual loss last year as the European market was practically shut to its gas exports due to sanctions over Moscow's military operation in Ukraine. Exports to Europe have long been Gazprom's top earnings source, but following the start of the conflict in Ukraine European nations sought to reduce their reliance upon Russian natural gas.

Record loss for Russia s Gazprom as European market closed

Record loss for Russia s Gazprom as European market closed
theaustralian.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theaustralian.com.au Daily Mail and Mail on Sunday newspapers.

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