PUBLIC JOINT-STOCK COMPANY "GAZPROM" got non-core profit

Sharp falling of revenue from export sales gas against growth of expenses and capital investments led to that gas business PUBLIC JOINT-STOCK COMPANY "GAZPROM" — the root element activity groups — in the first half of the year was unprofitable. Such state of affairs was observed before in the first half of the year 2020 at the height of a pandemic, and before — in 1998. In process of further reduction of prices of gas in Europe the situation can worsen. Photo: Pavlenko Eugenie, newspaper "Kommersant" gas export Reduction against decrease in the export prices and growth of taxes turned gas business into Europe PUBLIC JOINT-STOCK COMPANY "GAZPROM" in unprofitable for the first time since...