Russia Ukraine war, page-217914

  1. 14,057 Posts.
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    They have probably had to write down some of their infrastructure (high capital cost) in the last financial year given the sabotage of Nordstream and ongoing war in Ukraine those pipes likely don't have a great future. Core Profit (EBITDA) down to +6.6 billion USD in 2023 from $30bn in the big price spike of 2022.

    Less sales to EU and increasing sales to Asian markets but will take time and investment to place the EU Volume into other markets

    https://hotcopper.com.au/data/attachments/6150/6150067-cc7b2b56763f0a75f0a705cd508730f7.jpg


 
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