European power prices ease as gas markets weaken
December 16, 2025
The financial losses recorded by Gazprom in 2023 driven by collapsing gas export revenue point to a wider transition in the role of the company, which has been at the heart of Russia’s energy economy since the Soviet period. In the pre-crisis period, Gazprom was able to subsidize gas supply to domestic consumers thanks to its monopoly on lucrative Russian […]
