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FX Daily Updates
Finances of Russia's Gazprom are stable, CEO says
georgemiller
Publish Date: Fri, 17 Oct 2025, 12:53 PM

MOSCOW, Oct 17 (Reuters) - The financial situation at Russia's largest natural gas producer Gazprom (GAZP.MM) , opens new tab is stable, Chief Executive Officer Alexei Miller told Russian state TV on Friday.
Gazprom incurred a loss of around $7 billion in 2023, its first since 1999, following a plunge in sales to Europe.
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Russian gas now accounts for just 18% of European imports, down from 45% in 2021, while the region's oil imports from Russia have fallen to 3% from around 30% over that time.
https://www.reuters.com/business/energy/finances-russias-gazprom-are-stable-ceo-says-2025-10-17/