High gas prices push Russian Gazprom’s H1 profit to record high
September 1, 2022 Comments Off
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 throughout the period. Gazprom’s gas exports to Europe have slumped in 2022, but record high gas prices meant the company was still able to post record revenues…
High gas prices push Russian Gazprom’s H1 profit to record high
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 throughout the period. Gazprom’s gas exports to Europe have slumped in 2022, but record high gas prices meant the company was still able to post record revenues…
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