Summary

Gazprom reported a $13.1 billion loss in 2024, driven by the loss of its European market and increased tax liabilities.

The company’s revenue rose by 11%, but falling share prices and a 25% income tax rate contributed to the deficit.

Gazprom’s 2023 gas exports to the EU fell to 32 billion cubic meters, significantly lower than peak levels.

The financial crisis forced mass layoffs, including 1,600 central office employees. The EU’s shift away from Russian energy and Ukraine’s refusal to extend a gas transit agreement exacerbated the situation.

  • cows_are_underrated@feddit.org
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    13 days ago

    The real strength of drones is, that you can send them in swarms. If you send, as example, 100 drones on the way to a refinery it does not really matter if you shoot down 50,because 50 drones still do a shit ton of damage.