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Gazprom accumulates cash as stand off with European customers looms

Record gas prices in Europe last year allow Russian gas giant to deposit over $29 billion into bank accounts

Payment problems: a Gazprom logo on a station in Bulgaria, which has refused to accept new terms from Moscow
Payment problems: a Gazprom logo on a station in Bulgaria, which has refused to accept new terms from MoscowPhoto: REUTERS/SCANPIX
  • Vladimir Afanasiev
GazpromRussiaGazprombankEuropean CommissionUkraine Crisis
Published 28 April 2022, 20:47Updated 29 April 2022, 08:52