Posted on 05/21/2024 5:49:22 AM PDT by marcusmaximus
The Russian government has instructed Gazprom, once Russia's biggest company by revenue, not to pay out dividends, following record losses and a plummeting share price.
Earlier this month, Gazprom Group, which also includes oil and power businesses, announced a net loss of 629 billion rubles [$6.9 billion] for last year—the first since 1999. A decree on the government website, dated May 18, ordered Gazprom not "to provide for the payment of dividends on ordinary registered shares," for 2023.
(Excerpt) Read more at newsweek.com ...
The country floats on some of the largest untapped oil reserves in the world. And their state owned oil company cannot turn a profit and pay a dividend. That is sad.
The Russian people deserve better.
This can’t be true as Putin bots tell us every day that the Russian economy is booming (no pun intended).
Well, thats the gas company, not the oil company. Russia pissed off the bulk of its gas customers, and nat gas is very
location specific vis a vis pipelines. You cant just ship it to someone else (unless one invests $$$ in LNG plants).
Oil is a global commodity and much harder to boycott.
ZEEPER FOLLIES PINGLIST!(((PING!)))
All For Nothing. Ukraine Losses Their Counter Offensive Gains. Ru Captures Klishchiivka & Robotyna.
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"The Neocons wanted Ukraine to kill Russians, with no regard to how many Ukrainians would be left.
Then, they even bragged how the Ukrainians would fight to the very last man – which we are rapidly approaching." -- Martin Armstrong.
High Losses In The Sumy Region | Russians Captured Strategic Positions | Military Summary 2024.05.21
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The Russian people deserve better.
On 26 September 2022, a series of underwater explosions and consequent gas leaks occurred on the Nord Stream 1 (NS1) and Nord Stream 2 (NS2) natural gas pipelines, two of 23 gas pipelines between Europe and Russia.[8] Both pipelines were built to transport natural gas from Russia to Germany through the Baltic Sea, and are majority owned by the Russian majority state-owned gas company, Gazprom.
Our United States Navy destroyed The Nord Stream pipelines into Europe and you have the gall to mock and gloat when Gazprom has a downturn. How can they sell gas when we don't let them get it market?
I agree that the Russian people deserve better than to have our Neocon warmongers continually trying to destroy their country.
I was proud when we destroyed the Evil Empire Soviet Union. I am proud that I helped!
But you and all the rest of the Zeepers couldn't accept the win. You still want to grind them into the ground, then takeover their vast natural resources, or worse yet perpetuate perpetual war like Big Brother taught you to do.
"Carthago delenda est" all over again.
I was fine with them when they stayed within their borders. But they haven’t. They have always wanted what the West has. Always.
But they are not capable of competing because they won’t allow the potential of their nation to be free. If it wasn’t the czars, it was the soviets, and then the oligarchs, and now Putin.
I don’t want them to fall apart. I just want to see them in their own borders.
I cannot wait until China takes them out at the knees.
The Ukies have the right strategy. Kill the refineries. The crude still goes to market.
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