Brendan Cole is a Newsweek Senior News Reporter based in London, UK. His focus is Russia and Ukraine, in particular the war started by Moscow. He also covers other areas of geopolitics including China. Brendan joined Newsweek in 2018 from the International Business Times and well as English, knows Russian and French. You can get in touch with Brendan by emailing [email protected] or follow on him on his X account @brendanmarkcole.
According to the facts, first hand was observed and verified through the journalist or informed and verified from competent sources.
The H herbal fuel gazprom in Russia, Gazprom, would possibly be reduced, since it faces the decrease in income amid the sanctions imposed after the invasion of President Vladimir Putin to Ukraine.
Newsweek contacted Gazprom for the comment email.
Gazprom supplies approximately 7% of the Russian federal budget in 2021, the year that precedes the giant invasion at Putin scale. By 2023, he estimated that he would supply part of the sanctions, reduced production and old losses reached the sector. Large -scale layoffs can climb the main Russia generator for war.
In December, Elena Ilyukhina, a deputy chair of Gazprom’s management committee, sent a proposal to CEO Alexey Miller to reduce staff from 4,100 to 2,500 at the firms’ central office and St. Petersburg branch, according to the 47news telegram channel.
On Monday, the point of sale published a symbol of the document, in which Ilyukhina described the demanding situations faced by Gazprom. In a call to “cost optimization at all levels of control,” he said that the company had to reduce duplicate purposes and bureaucracy.
Ilyukhina said that over the past 20 years, staff numbers had risen to create a payroll of 50 billion rubles ($485 million) and that “funds from cutting labor costs and social benefits” would be redirected to increasing “the motivation and development of staff,” pending an audit by February 15.
Forbes reported that Sergey Kupriyanov, vice president of the Gazprom Control Committee, showed the authenticity of the letter but did not comment more.
In 2023, Gazprom underwent a loss of 629 billion rubles, his first loss in 25 years. He also underwent a series of blows, adding the discounts of his maximum lucrative market in Europe, which looked for other suppliers to Putin’s attack in Ukraine.
In informing the imaginable works of Gazprom, 47News said it was the last setback for the company after the New Year’s Day of a Transit Agreement with Ukraine and the new sanctions of the US Treasury in the Russian power sector, which It was announced on January 10. These included blocking two giant Russian oil producers, Gazprom Neft and Surgutneftegas, and enforce sanctions on the so -called Russian shadow fleet.
Russia’s attempts to diversify exports away from pipelines to shipborne liquefied natural gas (LNG) projects have also been hit. Two major LNG export terminals, Gazprom SPG Portovaya Limited Liability Company and Cryogas Vysotsk Limited Liability Company, were targeted under the new sanctions.
Elena Ilyukhina, vice president of Gazprom’s Control Committee, said, according to 47News: “The demanding situations that the Gazprom organization is facing ForArray. Optimization in all degrees of control and production process. “
Sergey Kupriyanov, a deputy chair of the Gazprom management committee, told Forbes: “The document is relevant. We do not plan to comment.”
Leigh Hansson, a spouse in the sanctions of the World Group for the Application of Reed Smith’s regulation, told Newsweek: “Overall, those sanctions constitute a complete effort to stifle a meaningful source of source of revenue for Russia, aiming to put strain on the Russian government economically in reaction to its non-stop non-stop attack in Ukraine.
Newer U. S. sanctions will put strain on Russia’s power sector, and the country may find it increasingly difficult to sell its herbal gas.
Much of it is based on the strength of Siberia 2, a 2,700-mile pipeline that the Kremlin expects the Kremlin to kill at 50 billion cubic meters consistent with the year between the Yamal Peninsula in the Arctic and northwest China. But Beijing is trying to make a smart deal on the fuel charge, and an agreement has still been reached on its structure.
Brendan Cole is a Newsweek journalist in London in the United Kingdom. Its objective is Russia and Ukraine, in specific the war introduced through Moscow. It also covers other geopolitical spaces, adding China. Brendan joined Newsweek in 2018 by International Business Times and, as well as in English, meets Russian and French. You can contact Brendan sending an email to b. cole@newsweek. com or follow him in his x -brendanmarkcole account.
Brendan Cole is a Newsweek journalist in London in the United Kingdom. Its objective is Russia and Ukraine, in specific the war introduced through Moscow. It also covers other geopolitical spaces, adding China. Brendan joined Newsweek in 2018 by International Business Times and, as well as in English, meets Russian and French. You can contact Brendan sending an email to b. cole@newsweek. com or follow him in his x -brendanmarkcole account.