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Gazprom slumps to first annual loss in 22 years as trade with Europe hit

www.theguardian.com Gazprom slumps to first annual loss in 22 years as trade with Europe hit

£5.5bn loss in 2023 comes after gas sales more than halved following Russia’s invasion of Ukraine

Gazprom slumps to first annual loss in 22 years as trade with Europe hit

Profits were expected to be halved from the 2022 1.2 tn Rubles, but instead they made a loss in 2023 of 629bn Rubles or £5.5bn.

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