(Reuters) – Russian State Gas Giant Gazprom Director General Alexei Miller, an Italian Palazzo opened a building in Central St. Petersburg 11 years ago, and he rose to a future financed by European sales.
“It’s symbolic,” he said, citing modern new offices in Russia’s largest city. “Europe will need Russian gas.”
Instead, after the war in Ukraine, he was dragged with a total loss of European markets after the war, and enthusiastic offices came to symbolize Gazprom’s rapid decline.
The company has been put up for sale with other luxury features for sale, with other luxury executors and other luxury executives and other luxury executors of the company, which are informed for deposits for the deposit.
Surely Russia emphasizes the envy of international sanctions against Russia’s full-scale occupation of Russia three years ago. Although the Russian economy is strong, there are signs of tension growing in several industries. Reuters previously reported that President Vladimir Putin is concerned that heavy military expenditures distort a wider economy.
The most prosperous unit of society, once in several centuries of Soviet and Russia’s gas sales to Europe, the same two centuries reported the same two sources to Reuters.
It is five years ago on the summit of 600 employees to Europe. The possible sale of the building and unit was reported to be previously.
Gazprom’s media department and the Russian Ministry of Energy did not respond to detailed surveys for the results of the story.
No European sales are directed to the former EU buyers of employees. Gazprom exports are one of the sources, “It is just a bark.”
Kremlin supporter Alexey Grivach, National Energy Security Foundation, Gazprom will bring gas to Russian homes in the near future, he said.
Gazprom was given a social task of gas supplies to the population of gasification and gas supply and low-adjustable prices. “
Reuters spoke to three manners and semi-past and present workers in connection with the presence of the most valuable company for this story. All the required anonymity, fearing professional shows.
Wider cuts
“Gazprom’s problems are very stretched outside the export unit, two of the sources said that the Miller now confirmed that the main company in Russia has approved 1,500 jobs in the headquarters of the main company in Russia.
Dismissal at Gazprom headquarters should still be announced, but why employees are asked to prepare individual presentations about why employees should provide the description of the work functions.
The source process is expected to be completed within a few weeks.
Cutters add about 40% of employees at Gazprom’s headquarters, but it is a small part of half a million strong working power in Russia.
Management, according to one of the managers, said that the thought inside the company will be “begging” for the continuation of this Europe’s Russian gas.
Despite the economic pain of higher energy costs, the EU did not spread back.
“We have proven wrong,” he said.
US gas exporters quickly took action to replace Russian gas in Europe. The United States has been the largest exporter on the continent of LNG with supplies with supplies since 2021. Europe still receives natural gas (LNG), but mainly from Gazprom’s rivals, the Yamal LNG plant.
The European Union aims to complete the use of fossil fossil fossils by 2027 and has partially reduced the total gas consumption due to the transition to renewable energy sources.
Last year, Gazprom placed a net loss of $ 7 billion for 2023, and Putin came to power since 1999. In the first 9 months of 2024, in the last period of the figures, there was another loss.
Gazprom’s share price has been the lowest, 106.1 rubles since January 2009, the decline in more than 2024.
A few months after announcing the annual loss, Gazprom said in Moscow and the portfolio of high-level features included in the famous luxury hotels in Armenia, he said.
Gazprom has investment in luxury property used to reward employees and hosts conferences and events such as 2014 Olympic Games.
Trump Trade
Donald Trump’s return to the White House, Gazprom helped improving the price of 180 rubles with about 180 rubles, said Ukraine will cause Europe to restore exports to Europe.
However, the little sign they could in the final will be in a hurry to approach a little Russian gas, which will be a little in a hurry to stay a while, which allowed Putin’s long-term ally, 11 billion Nord flow from the United States to restart from 2 pipes from Germany. Germany says Russia will comply with energy policy of independence.
Even if the appetite is, the flow of Nord was beyond service and partially damaged.
In response to the vice-president of the Integrated Gas Executive Prime Minister, in late February, in the late February, the end of February: “This depends on a lot.”
He asked Gazprom to more than one arbitration and “Will Customers and Europe still want the same dependence on Russian gas?”
Gazprom’s share in EU markets shows the European Commission’s data from 35% to 7% before the EU sanctions.
The Moscow Exchange, Gazprom Exchange, Gazprom and Reuters estimates that market capitalization is $ 46 billion, all the time, all of the $ 330.9 billion, Gazprom and Reuters are always worth $ 330.9 billion.
Millin time
As the company adapts to the new role as a local gas supplier, the CEO Miller’s high ambitions were closed. In 2007, Miller said that the company will be a market capitalization, the company will be $ 1 trillion.
This seemed possible this time. Russia is one of the five largest gas reserves, noting the world’s largest natural gas company.
In height, Gazprom – Soviet Union, the Russian Ministry of gas industry generated more than 5 percent of the $ 2 trillion-dollar domestic product.
The company is ruled by Putin’s close friend Miller in the 1990s in the 1990s, since the last 24 years of St. Petersburg. Miller has banned US citizens and institutions with US citizens and organizations in 2018.
Gazprom manages Arctic cities such as Nadim, which depends on him, as the only employer of the cities and tens of thousands and their families in Siberia. In 1993-1996, Russian Fuel and Energy Minister Yuny Shafranik, in 2023, “Gazprom” was “state within a state.”
Reuters did not describe the plans to reduce work in such companies or closing production assets.
Are you too far away?
Putin seems to be a long-term promise or best of optimism to replace Europe’s markets with export to China. Currently, the most ambitious projects for pipeline gas are also the most ambitious projects directed to the East, 180 billion cubic meters (BCM) would not be up to half of the previous annual summit
Most of Russia’s gas was transferred to Europe. When Germany and other European countries have purchased it, there was no other place for surplus to go.
On the contrary, Russia’s oil exporters were able to redirect tankers in Asian countries, which do not apply sanctions.
Last year, gas production was a slightly low level recovery in 2023, the power of a small pipeline to expand this trade for local demand and exports to China.
To date, Russia has only one way for Russia to provide a pipeline to China – the power of the Siberian pipeline that transports 38 billion a year.
A second small pipeline with a capacity of 10 billion cubic meters per year, connected to China by 2027 to Sakala Island.
The third pipeline of Russia and China, the capacity of Siberia 2, 50 billion cubic meters of capacity and Chinese gas consumption has been negotiating for more than a decade. According to the media, this plan fully developed and stopped due to the differences in discussions.
In May, Russian Deputy Prime Minister Alexander Novak, Russia and China will sign a contract in the last to the capacity of 2 gas pipelines in Siberia.
Putin and China President Xi Jinping discussed the power of Siberia-2 in January, the interfax agency, but no agreement was reached.
The Chinese National Oil Corporation, who is engaged in Gazprom, refused to comment on the talks. The Russian government did not meet the desire to comment.
Although the strength of the 2 pipeline’s strength is completed quickly, the volume and price conditions are lower than in Europe, even if it is lower than analysts from the Global Energy Policy Center at Columbia University.
“By 2030, Russian gas export revenues may fall by 55-80 percent compared to 2022 and the Russian gas industry for $ 165 billion,” said a research record last year.
(Report by Reuters; Regulation by Simon Webb and Frank Jack Daniel)
