Posted on 11/29/2021 6:24:22 PM PST by Navy Patriot
Russia’s state gas company has reported record earnings for the third quarter of the year after profiting from a global gas crisis that has ignited historic energy market highs across Europe.
Gazprom, the world’s largest gas producer, said it expected even higher profits for the final months of the year as its customers in Europe brace for a winter energy crisis and record high costs.
Its better-than-expected financial results included a net income of 581.8bn rubles (£5.86bn) from July to September compared with a net loss a year ago after the average gas price it earned from buyers in Europe increased to $313.40 per 1,000 cubic metres from $117.2 in 2020.
(Excerpt) Read more at theguardian.com ...
The Russian oligarchs getting rich off the backs of European workers. St.Moritz Switzerland should expect plenty of Russians this season.
Life is hard, it's harder if you're stupid, it's even harder if you vote stupid.
Europeans could have voted themselves fair gas prices, instead, in envy, they voted for Marxism, and got what they voted for.
Let's Go Brandon, Green Energy, Carbon Sequestering and Climate Change!
Unexpected.
When America was energy independent under Trump, oil was so cheap Russia lost money on every barrel they pumped.
Trump was using their own system to destroy them. Then we get moron joe
I see you understand why Putin is laughing.
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