Oil Slump, Weak Ruble, Ukraine, Make Gazprom Reassess Plans (New Europe)

p13energyinsider_19

Hit by falling energy prices, a weaker ruble and a pricing dispute with Ukraine, Russian gas monopoly Gazprom said on January 29 that third-quarter net income dropped to 106 billion rubles ($1.5 billion) from 276 billion rubles or 62% a year earlier.

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