Consolidated profits of the Russian gas giant Gazprom dropped 30.1 percent to 47.3bn rubles (about $1.49bn) in the first half of 2002 as compared to the corresponding period in 2001, a source in the gas holding reported to RBC. Pre-tax consolidated profits went down 42.7 percent and totaled 68.9bn rubles (about $2.17bn). The company's sales profits saw a reduction as well - they fell by 33.7 percent to 89.6bn rubles (about $2.82bn). Finally, Gazprom's sales proceeds were down 9.5 percent and amounted to 283.2bn rubles (about $8.9bn).
The discovery of the submarine has unveiled a few "inconsistencies." For example, how can one explain the fact that the sub was found where it needed to be searched for from the start?
When on a state visit to Singapore, Russian President Vladimir Putin promised to revisit the discussion of the 1956 Declaration between the USSR and Japan regarding the issue of the peace treaty with Japan
The TurkStream, which runs along the bottom of the Black Sea from Russia's Anapa to Turkey, will consist of two lines, each with a capacity of 15.75 billion cubic meters of gas a year