March 18, 2025
Russian Gazprom in 2024 suffered losses for almost $ 13 billion - media thumbnail
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Russian Gazprom in 2024 suffered losses for almost $ 13 billion – media

The Russian state company Gazprom reported a net loss for 2024 in the amount of 1.076 trillion rubles ($ 12.89 billion) according to Russian accounting standards (RSBO). Source: Reuters Details: It is noted that according to 2023 Gazprom had a net profit of 695.6 billion rubles, but in 2024 the company suffered record losses.”, – WRITE: www.pravda.com.ua

The Russian state company Gazprom reported a net loss for 2024 in the amount of 1.076 trillion rubles ($ 12.89 billion) according to Russian accounting standards (RSBO).

Source: Reuters

Details: It is noted that according to 2023 Gazprom had a net profit of 695.6 billion rubles, but in 2024 the company suffered record losses. The main reason for financial losses is the fall in the market value of the shares of the subsidiary Gazprom Oil.

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Gazprom is expected to publish financial results for 2024 by international standards (IFRS) by the end of April.

Prehistory:

  • The fall of Gazprom’s exports to Europe by more than 90% forces the gas monopolist to significantly reduce the staff and sell assets.
  • Gazprom Head Alexei Miller approved a plan to reduce 1,500 jobs in the company’s central office in Russia.

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