Once Prosperous Russian Gas Industry Is Now in Despair: Because of Ukrainian Drones and Sanctions

The oil and gas industry has long been a major revenue source for Russia. In 2023, energy resource sales contributed a third of the country's income. However, with European countries rejecting Russian gas and China's reluctance to increase fuel imports, Gazprom faces significant losses. To offset these losses, domestic tariffs have been raised by over 11%, the highest in 11 years. Despite attempts to expand production, Gazprom's previous earnings are unlikely to return.
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[julionahualt]

Putin wasn't expecting "reaction after an action " Consequences !

[ppjvoys]

🐹🍁Cette hiver il vas faire très froid chez les orcs 💙💛

[florlubnan]

And there are people saying Russian economy is booming😂

[camdenmcandrews]

Addendum: Great nations do not negotiate with terrorists.

[oscargrainger]

What is that guy at the start taking, it doesn’t matter how much money Russia has it hasn’t got the technical expertise to build oil plants.

[camdenmcandrews]

Russia's entire economy is based on revenues from export of its natural resources. Attempting to switch the revenue stream to the internal market cannot work; the Russian people's income depends on that export market. Without it, the people have no money to buy the gas they are producing.

Vatnik Patootie's fantasy of returning to the Soviet-style authoritarian planned economy is a direct route to absolute catastrophe. The only enduring solution is to disband the Russian Federation entirely and allow the market to settle out in each of the many occupied territories. Of course, that means standing down the entire Russian military and selling off all of its assets with hope of raising enough to build viable, productive infrastructure in all the new republics.

[bikija]

@UATV English please hire someone who can speak English. We can't understand anything this woman read. This is so horrible and makes no sense to make news when no one can understand it 😢

[Knudjensen]

Find somebody that speaks english, this is just a waste of time trying to understand her...