Record Russian gas sales to Europe help Gazprom profits double

Russian gas producer Gazprom doubled its annual net profit last year, led by record sales to Europe despite pressure on EU states to diversify away from Russian energy imports.

Gazprom is also working on contingency plans in case the undersea Nord Stream-2 gas pipeline to Germany is delayed and talks on a new gas transit deal with Ukraine fall through, a spokesman said after the company released its annual results on Monday.

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