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However, even with the headwinds the company is facing, it was able to grow core earnings, which pulls out one-time items, 5% year over year in the third quarter of 2024, with that figure up 7% ...
The revenue of Gazprom, whilst initially supported by high prices collapsed in 2023 resulting in a trading loss and the need to increase the price in the domestic market by 34% over 3 years. [ 59 ] [ 60 ] Gazprom has also opened itself up to compensation claims for failure to supply gas under long term contracts.
Russian energy company Gazprom has several hundred subsidiaries and affiliated companies owned and controlled directly or indirectly. The subsidiaries and affiliated companies are listed by country. The subsidiaries and affiliated companies are listed by country.
Until 2022, the CEO (Senior Managing Director, German: Hauptgeschäftsführer) of Gazprom Germania was Vladimir Kotenev (Russian: Владимир Котенев). Before being appointed the new head of the former Gazprom Germania, Kotenev worked in the Russian foreign service. From 2004 to 2010 Kotenev was the Russian ambassador to Germany.
Gazprom Neft (Russian: Газпром Нефть; formerly Sibneft, Russian: Сибнефть) is the third largest oil producer in Russia and ranked third according to refining throughput. It is a subsidiary of Gazprom , which owns about 96% of its shares.
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.
Gasprom expects exports of gas in 2023 to be half of 2022. [5] Russian gas production in 2023 is expected to fall from 673bcm to 630Bcm with Gazprom production falling from 412.6Bcm to 390Bcm. [39] 2023 Exports to Europe total just 8.14Bcm in first 4 months of 2023, [40] with gas continuing to move through a Ukraine pipeline at 40-42mcm per day.
However Gazprom was exempt from the rise; this resulted in February 2023 in complaints from Novatek. [ 44 ] Novatek's Yamal LNG does not benefit from the elevated tax exemption, but has a tax break with a 13.5% tax rate for 12 years or until production reached 250bcm [ 44 ] and is also exempt from export taxes and mining taxes for nine years.