Gazprom’s profit plunges 80 pct in Q2
Russian gas giant Gazprom saw its net profit drop more than 80 percent in the second quarter of this year. Moscow-based Gazprom posted a profit of 47.9 billion roubles ($817 million) in the second quarter as compared to 244.8 billion roubles in the same quarter the year before. The company said that it had suffered a net foreign exchange loss of 140.5 billion rubles during the period, compared with a forex gain of 152 billion roubles in 2016. LNG World News Mobile