Tankers carrying liquefied natural gas from Gazprom's complex at the Portovaya compressor station began deliveries to China in the spring of 2024, bypassing the Suez Canal and the Red Sea. They now follow the west coast of Africa and the Cape of Good Hope. These routes are 1.5 times longer than traditional routes and take 45 days one way. Reason for choosing...

The Austrian government considers it necessary to terminate the contract between OMV and Gazprom, which is valid until 2040. Austria is one of Gazprom's largest remaining buyers in Europe, and still fulfills long-term contracts. In 2023, Russian gas accounted for more than 64% of Austria's total gas purchases, up from 98% in December.

At the end of 2023, Gazprom recorded a loss for the first time in 25 years. The Government instructed to prepare a directive on Gazprom's non-payment of dividends for the previous year. The company last paid a dividend for the first half of 2022. At that time, the payout totaled ₽1.208 trillion, or ₽51.03 per share. These were the record dividend payments in...

Gazprom's IFRS loss for 2023 amounted to ₽0.583 trillion, compared to a profit of ₽1.312 trillion in the previous year. Revenue fell 26.8% to ₽8.541 trillion against ₽11.674 trillion a year earlier.