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Russian Gazprom confirms that its share of the European market is 33% in 2020

The head of GazpromExport said on Thursday that Russian gas giant Gazprom's share of the European market was 33 percent in 2020.

The net profit of the Russian natural gas giant Gazprom fell by less than half in the second quarter of the year to 149.2 billion rubles (two billion dollars) compared to the same period a year ago, but it stated that energy markets are recovering from the repercussions of the Covid-19 pandemic.

Oil and gas producers around the world have been affected by lower prices and a collapse in fuel demand due to movement restrictions to contain the pandemic.

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