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Gas Blackmail Failed: Gazprom experiences losses in the record

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This year, the Cash Flow of the Russian Federation company will be negative, while last year’s gas business net loss has exceeded 1 trillion rubles.

Russian Gazprom experiences financial financial losses after market loss in Europe. According to the company, its budget deficit in 2025-2034 is up to 15 trillion rubles (about $ 179 billion). About this is writing Moscow Times on Wednesday, March 26th.

Gas blackmail, used by the Kremlin as a pressure tool for Europe, has fought in Russia itself.

Delivers to the EU and Turkey will be reduced more than five times compared to 2019. This year, the cash flow of the Russian Federation will be negative, while last year’s gas business net loss exceeds 1 trillion rubles.

Due to the financial crisis, Gazprom reduces staff, sells real estate and closes the departments.

Despite this, experts consider these steps belated, as the company has worked for a long time in conditions of ongoing growth, and is now forced to reduce costs.

Earlier, the media reported that Gazprom would reduce 40% of Central Office personnel.

Remember that in 2023 Gazprom received a record since its 1990 creation of a loss of $ 6.1 billion.

Gazprom includes about $ 13 billion a year

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Source: korrespondent

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