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Gazprom reports surge in profit for second quarter
Aug. 30, 2018

Gazprom reports surge in profit for second quarter

Gazprom, gas giant of Russia announced its Q2 report. The company’s profit surged and jumped to $3.8 billion. The numbers of the company beat all the expectations of the analysts. Gazprom gained profits from the increasing fuel prices. The shares of gas major increased by 1.1%. Gazprom has shipped over 101 billion cubic meters of natural gas to EU and accounted for 34% share in the gas market of Europe.

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