Gazprom losses

Gazprom’s debt burden forces dividend freeze despite $17.3 billion profit

Gazprom’s board of directors has recommended that shareholders approve no dividend payments for 2025, meaning Russia’s state-controlled gas monopoly is unlikely to send dividend revenue to state coffers, Interfax reported.

21 May, 01:45 PM

Russian state gas giant slashes supply to Europe via last remaining route

Russian gas monopoly Gazprom cut its gas deliveries to Europe through the TurkStream pipeline by 18.3% in June compared to May — from 46 million to 37.6 million cubic meters per day, The Moscow Times reported on July 2. That figure is also 4.8% lower than in June of last year.

2 July 2025, 12:30 PM

Russia may raise gas tariffs 10% twice a year to save Gazprom

Russian authorities are considering a steep increase in industrial gas prices to help plug Gazprom’s growing budget shortfall, caused by the company’s massive losses following the loss of the European energy market, The Moscow Timesreported on May 29.

29 May 2025, 05:15 PM

Gazprom losses