... reflecting positive changes in the company’s financial reporting according to RAS. The net loss decreased 45 times compared to the same period last year, indicating a return to a more stable financial condition. Key success factors included an increase in gas export volumes and growth in other revenues, particularly from supplies to China. Additionally, the expansion of the tax base and optimization of deferred taxes played a crucial role. However, macroeconomic challenges remain present, and Gazprom continues ...

... the availability of fossil fuels.” ( Source: Izvestia ) Experts warn that this year, Europe will need to import significantly more LNG than last year, considering the high gas withdrawal last winter and the abandonment of most Russian supplies. The Gas Exporting Countries Forum and analytical agencies note that competition for liquefied gas in the global market may intensify closer to autumn. If filling storage facilities becomes challenging, it is possible that summer spot prices in Europe will even ...

... between the Russian gas giant and the European Union is coming to an end, and now the company is faced with the necessity to adapt to new geopolitical and economic realities. Export Declines: Numbers that Speak for Themselves From 2021 to 2025, pipeline gas exports to the EU are expected to drop nine-fold. This historic low is attributed to several key factors: Termination of transit through Ukraine: Political and geopolitical tensions have led to halting the traditional supply route. Decreased gas consumption ...

... Russia. Experts note that European companies will have to inject significantly more gas into storage than last year, considering increased consumption last winter and the complete cessation of transit through Ukraine since the beginning of the year. The Gas Exporting Countries Forum and analysts warn that competition for liquefied natural gas (LNG) on the global market may intensify, and summer exchange prices in Europe could exceed winter prices if filling storage proves challenging. The situation is alleviated ...

... conflict: an ultimatum (~10 days) expires on August 8, and the president indicated he is "unconcerned" about potential negative market reactions to new stringent measures against Russia. This pertains to the imposition of 100% tariffs on Russian exports and secondary sanctions against buyers of Russian oil and gas. The prospect of such moves maintains uncertainty and adds a risk premium to barrel prices. Moscow, for its part, has stated that it has no intention of altering its policy under external pressure, thus maintaining market tension. OPEC+ actions and ...