... affected the reduction in extraction costs and improved financial results (the tax exemption was granted to support Gazprom's investment program). Secondly, some cost savings may be linked to the optimization of operational expenses and the reduction of ... ... in 2025, despite all challenges. Outlook for the Second Half of 2025 Given the results from the first six months, Gazprom's prospects for the second half of 2025 appear cautiously optimistic, although they remain dependent on external factors: Operational ...