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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.
In 2023 the EU was importing roughly the same amount of gas in LNG form, as it was receiving via pipelines, both around 25bcm p.a. [37] The sanctions that apply to the LNG industry in Russia comprise mainly embargoes on technology and the supply of equipment from Europe and the USA that are needed to build new LNG plants as well as finance for ...
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.
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.
The state-owned Russian energy firm earned £39m from its Dutch-UK gas field in 2022, accounts show.
Gazprom's headquarters in the Lakhta Center in Saint Petersburg. Gazprom is the largest company in Russia Gazprom is the largest company in Russia Russia's vast geography is an important determinant of its economic activity, with some sources estimating that Russia contains over 30 percent of the world's natural resources.
[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.
Gazprom Neft was created under the name Sibneft (Russian: Сибнефть) in 1995 by the transfer of state owned shares in Noyabrskneftegas (production unit), the Omsk Refinery (Russia's largest oil refining complex), Noyabrskneftegasgeophysica (exploration) and Omsknefteprodukt (oil products distribution network) from Rosneft.