Tue, 21-Oct-2025

Gazprom reports record profits of $7.8 billion as gas prices soar

Rising gas prices

MOSCOW: Russian gas giant Gazprom on Monday said that its net income rose to a record 582 billion rubles ($7.8 billion) in the third quarter on the back of soaring gas prices in Europe. Europe receives a third of its gas supplies from Russia and has seen energy prices surge to record highs, as economies … Read more