Gazprom Reports 7% Net Income Growth Amid Rouble Strength

Russian energy giant Gazprom reported a 7% rise in net income for 2025, reaching 1.3 trillion roubles.

The company benefited significantly from a stronger national currency, which lowered the cost of its foreign-denominated debt.

Despite higher net earnings, core profit dropped 6% as the firm navigates shifting global energy dynamics.

Annual revenue also fell nearly 9% following the closure of major transit routes into Europe.

Pipeline exports to the European market reached their lowest levels since the mid-1970s during the last fiscal year.

To offset western losses, the producer increased gas exports to China by 25% throughout the year.

Domestic sales also grew by 8%, providing a stable revenue stream as the company pivots its trade focus.

Management continues to adapt its infrastructure to meet rising demand from emerging markets in the East.

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