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Gas

Gazprom Prospers as Tight Exports Pay Off

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Gazprom is reaping a bonanza from the gas crisis in Europe. Staggeringly, the Russian company's net profit in the first half of 2022 exceeded its record full-year 2021 result. And the state-run gas giant continues to benefit from unprecedently high prices amid a restricted supply to Europe.

Topics:
Earnings, Gas Supply, Gas Prices, Sanctions, Ukraine Crisis
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