Russia reveals further decline in gas consumption

Gas demand drop deals a major blow to state controlled monopoly Gazprom as its customers are lured by lower cost gas producers in Russia

Running aground: people bathe on a beach in St Petersburg in Russia with Lakhta Centre, headquarters of Gazprom, in the background
Running aground: people bathe on a beach in St Petersburg in Russia with Lakhta Centre, headquarters of Gazprom, in the backgroundPhoto: AP/SCANPIX
Published 17 April 2020, 11:16Updated 17 April 2020, 11:16