“Over the first seven months of 2025, total oil and gas revenues declined 19% year-on-year to 5.52 trillion rubles ($69 billion), compared with 6.78 trillion rubles ($84.71 billion) during the same period in 2024.”
Pretty substantial decrease. Worth remembering last year Gazprom suffered net loss for 2024, so their finances are going to look even more calamitous this year. The pressure is becoming objectively pretty substantial on Russia, but there’s a lot more work to be done for Putin to start caring about this
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“Over the first seven months of 2025, total oil and gas revenues declined 19% year-on-year to 5.52 trillion rubles ($69 billion), compared with 6.78 trillion rubles ($84.71 billion) during the same period in 2024.”
Pretty substantial decrease. Worth remembering last year Gazprom suffered net loss for 2024, so their finances are going to look even more calamitous this year. The pressure is becoming objectively pretty substantial on Russia, but there’s a lot more work to be done for Putin to start caring about this
!ping UKRAINE