Russia's gas giant Gazprom struggles

Russia's gas giant Gazprom struggles as losses mount
Gazprom is facing financial losses and is appealing to authorities for household gas price increases, as well as a rise in transportation tariffs for independent Russian suppliers. "The company was sacrificed on the altar of Putin's imperial ambitions,
Gazprom seeks to raise Russia's domestic gas prices, Interfax reports
Russian gas giant Gazprom , squeezed by plunging sales abroad as the Ukraine conflict prompts European buyers to turn away, is seeking to raise regulated prices at home to fund investment, Interfax news agency reported on Thursday.
Russia's Gas Giant Braces for Mass Layoffs Amid Plunging Profits
Gazprom provided about 7 percent of Russia's federal budget in 2021, the year before Putin's full-scale invasion. By 2023, it was estimated to provide about half of that as sanctions, reduced production and historic losses hit the sector. Large-scale layoffs could add to the pressure on Russia's key revenue generator for the war.
Gas prices in Russia must ensure financing of industrial investment projects - Gazprom
Gazprom's proposals align with the key objectives set out in Russia's Energy Security Doctrine, which according to the law on strategic planning in the Russian Federation must be taken into account when drafting strategic planning documents, including the ES-2050 project, Sakharov said.
Russia's Gazprom considers HQ job cuts after loss of EU market
Russia's energy giant Gazprom is considering cutting hundreds of administrative jobs, a company spokesperson said on Monday, as the gas producer
Gazprom's struggles deepen amid soaring domestic gas prices
Gazprom is experiencing losses and is appealing to the authorities for price increases for households and higher transportation tariffs for independent Russian suppliers. In an interview with Money. pl,
Russian energy giant Gazprom complains of lack of money and demands to raise gas prices for Russians
Gas prices in Russia do not meet Gazprom’s needs for implementing investment projects, stated Aleksei Sakharov, head of Gazprom’s strategic division, during a meeting of the Expert Council under the State Duma,
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