17 Jan 2023 14:54

Putin: Russian gas producers generated good profit in 2022 despite drop in output

MOSCOW. Jan 17 (Interfax) - Russian gas producers generated good profit in 2022, President Vladimir Putin said at a meeting with the government.

Putin noted that production of natural gas decreased 11.8% in 2022 in Russia.

"At the same time, I note that global gas prices have risen substantially owing to the actions of Western countries, resulting in Russian gas producers and exporters having generated good profits for the past two years, and having significantly increased payments to the country's budget system," Putin said.