Home » Business » The Russian Gazprom group is swimming in money like never before

The Russian Gazprom group is swimming in money like never before

For the first time in history, the gas giant has already earned more in the first nine months of the year than in any full year so far. The crazy gas price paid by European customers made it possible.

The Russian and world’s largest gas company Gazprom is currently swimming in money. As he announced yesterday in Moscow, the net profit in the period between January and September was a full 1.5 trillion rubles (17.8 billion euros). The sum is impressive not only in view of the previous year’s loss of 202 billion rubles. It exceeds every previous full year profit in the history of the semi-public company.

“The situation on the export markets was decisive, said Famil Sadygov, Vice President of the Group, after the presentation of the figures:” Taking into account the current momentum, we expect even more impressive results for the fourth quarter. “

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.