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When it was implemented, exports by Gazprom fell from the 185Bcm achieved in 2021 to 100Bcm in 2022 and fell again in 2023. 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.
Russian gas giant Gazprom has decided not to pay dividends on last year's results, the first time it will not pay out since 1998, sending its shares plunging by nearly 30%. "The shareholders ...
The principal owner of Gazprom Neft is OAO Gazprom, which controls 95.68% of the company's shares, while the remaining 4.32% are publicly traded. 20% of Gazprom Neft's shares were originally owned by the Italian oil and gas company Eni before being purchased by Gazprom for $4.1 billion in April 2009.
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.
One-year inflation expectations jumped to 4.3% in February from 3.3% last month, marking the the fifth time in 14 years that the survey reported a rise of 1 percentage point or more in year-ahead ...
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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]
On Wednesday, the company announced its fourth-quarter earnings for 2024, posting a 3% decrease in revenue and a $671 million net loss that helped it dodge a multibillion-dollar tax bill.