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Russian gas firm makes record profit
By EUobserver
Russian firm Gazprom paid the Kremlin €10bn after enjoying record-level profits of €42bn in the first six months of 2022 despite the war in Ukraine. The EU had initially spoken of stopping gas purchases as part of sanctions, but later said it can only phase out Russian gas use in the long term. It also accused Russia of artificially holding back supply to manipulate gas market prices.