Moscow — The financial situation at Russia’s largest natural gas producer Gazprom 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.
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.
Reporting by Vladimir Soldatkin Editing by Andrew Osborn
