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.

  • psud@aussie.zone
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    2 days ago

    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