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.
European Gas Analysis
May 11, 2016
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