The loss of a key European market has dealt a severe financial blow to Russian energy giant Gazprom, resulting in net losses of 1.076 trillion rubles ($13.1 billion) in 2024
The downturn has forced Gazprom to implement cost-cutting measures, including mass layoffs. On Jan. 13, Russian media outlet 47News reported that the company was preparing to lay off 1,600 employees from its central office.
Step 2 is tough when nobody wants to buy your product.
They want it, they have just restricted their ability to buy it. Also, didn’t Ukraine blows up the pipeline, meaning the gas has to be moved by ship