Deputy head of Gazprom
Valery Golubev says
profitability of gas exports to Europe is about the same as that of
domestic sales. According to our
calculations, in Q4-2015 profitability of exports dropped to
about 5 percent.
Gas exports to Europe
were highly profitable during the whole history of Gazprom until
2015. In 2016, the company's gas segment is not profitable.
Mikhail
Korchemkin
East
European Gas Analysis
Malvern,
PA, USA
May 11, 2016
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