Russia's Gazprom: Profits plunge 70%

March 31, 2015 11:31 AM

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Russia's Gazprom: Profits plunge 70%

The crown jewel of Russian energy is losing its shine.

Gazprom (OGZPY), the world's biggest gas producer, saw its net profit fall 70% to 189 billion rubles ($3.3 billion) in 2014. The weak ruble was a big reason.

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