Russian energy giant Gazprom reported its first annual loss in 24 years amid Western sanctions (yes mods this is war related)

by ZeusBased

15 comments
  1. Breaking news.. it’s only going to get worse for them.. much worse.

  2. May their fortunes wither next year as well. May Ukraine bring them their misery one long distance delivery at a time

  3. Wow, that’s more than 25 billion € span from highest to lowest.

  4. Putin playing a shell game to try to hide to cracks in the economy. But the cracks are getting more visible. Another key one is the 10% rise in fuel prices, in spite of orders from the Kremlin to prevent that.

  5. I would be interested in Gazprom’s cash position.  How many quarters of losses can they sustain?  Or will they just get a bailout by Russia printing money for them?

  6. I couldn’t possibly think what the reason is for this downt . . . BOOM!

  7. Don’t forget that gazprom also has oil refineries, which have been “sanctioned” by Ukraine

  8. Of course this article is related to war!

    Good news, btw!

  9. Hit every refinery they have make these shit bleed

  10. This is the one thing Putin is afraid of, His oligarchs losing money. They will come for him. It’s the Russian way.

  11. The world should be hitting them so hard with financial sanctions that the word “ruble” is changed to “rubble”.

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