Search results
Results from the WOW.Com Content Network
In the second half of 2022 and into 2023 Gazprom probably did not make a profit at all as a result of falling exports. [179] Overall Gazprom made a profit of 1.226 trillion roubles ($15.77 billion) in 2022, down 40%, after an extra tax was levied in late 2022. [180]
To recover lost revenue, Russia increased the tax on Gazprom in 2022 reducing Gazprom's profit to 1.226 trillion roubles ($15.77 billion), Gazprom paid a dividend of 1.2 trillion roubles ($15 billion) in 2022. [21] In July 2023 Gazprom threatened to stop all natural gas exports through Ukraine unless Ukraine ceases court action against Gazprom.
LNG exporters are taxable in Russia on profits at 20% plus 3% in 2017-24, which increased from 2023-25 with an elevated profits tax of 34%. However Gazprom was exempt from the rise; this resulted in February 2023 in complaints from Novatek. [44]
The state-owned Russian energy firm earned £39m from its Dutch-UK gas field in 2022, accounts show.
By the end of 2012 Gazprom Neft accounted for 10% of oil and gas production and 14.6% of refining activities in Russia. Production volumes in 2012 increased by 4.3% in comparison with 2011, refining throughput grew by 7%, revenue was up 19.5% with EBITDA and net profit advancing by 7.7% and 9.9% accordingly.
Yamal – through Belarus and Poland – ceased May 2022 – Poland took over the 48% Gazprom share of the pipe in Poland in 2023 and does not want to reopen the pipeline; Ukraine transit – one route operational with around 13 billion cubic metres per year (460 billion cubic feet per year), the other is closed as it is in the war zone.
[100] In 2020, the Stockholm Arbitral Tribunal ruled that PGNiG's long-term contract gas price with Gazprom linked to oil prices should be changed to approximate the Western European gas market price, backdated to 1 November 2014 when PGNiG requested a price review under the contract. [101] [102] Gazprom had to refund about $1.5 billion to PGNiG.
Joint Stock Company Gazprom Promgaz (Russian: Акционерное Общество "Газпром промгаз", abbreviated JSC Gazprom Promgaz, (Russian: ОАО "Газпром промгаз"), IPA: [ɡɐsˈprom promˈɡas]) is a Russian company that specializes in structural engineering, design, research, heating, the electric power market, and other services related to natural gas.