Russia's Gazprom posted a record net profit of Rb2.5 trillion ($41.3 billion) in the first half of this year, the company said late Aug. 30, as European gas prices remained at sustained highs
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Dwindling available pipeline capacity from the Appalachian Basin has forwards gas traders wary over the upcoming lower-demand shoulder season when basis prices could fall to their steepest discount in five years or more.
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