Oops Gaz is selling like hotcakes…

Gazprom has set a new record.

The net profit of the state-owned company under IFRS (International Financial Reporting Standards) for 2021 reached 2,093 trillion rubles. In 2020, the same indicator amounted to 135.3 billion rubles.

Gazprom’s net debt decreased by 26% to 2.87 trillion rubles.

From what I understand Gaz and oil a selling faster than ever since the war started. Probably everyone is filling up everything just for emergencies…

WtR