Russia’s state energy company Gazprom profits from Russian gas being purchased by Asian countries. Photo: dpa
Russia’s state energy company Gazprom profits from Russian gas being purchased by Asian countries. Photo: dpa
Russia

Russia’s liquid gas revenue set to double thanks to Asian buyers, despite Ukraine invasion

  • Renewed deals with Asian companies could result in US$3.8 billion to US$4.5 billion in revenue for the Sakhalin 2 natural gas project’s shareholders this year
  • State-run top shareholder Gazprom stands to benefit from the boost as Russia ramps up its military spending almost a year after it sent troops into Ukraine

Russia’s state energy company Gazprom profits from Russian gas being purchased by Asian countries. Photo: dpa
Russia’s state energy company Gazprom profits from Russian gas being purchased by Asian countries. Photo: dpa
READ FULL ARTICLE