Gazprom in turmoil, forced to hike prices on Russians in the middle of winter

Facing losses, huge debts, and layoffs, Gazprom is now turning to Russian citizens to help it out of its financial woes, writes “Rzeczpospolita.” Gazprom’s management is reportedly demanding that the Kremlin raise gas prices threefold on the domestic market.  Alexey Sakharov, head of Gazprom’s strategic department, spoke about the company’s difficult situation: “The current level … Continue reading Gazprom in turmoil, forced to hike prices on Russians in the middle of winter