Support The Moscow Times!

Now is the time to support independent reporting from Russia!

Contribute Today

Gazprom: Western Sanctions Over Ukraine Will Not Hurt Company

Russia's Gazprom can substitute all imported equipment that is subject to Western sanctions against the company over Russia's role in Ukraine, and the sanctions would not succeed, Gazprom's deputy CEO has told an industry conference.

"In Gazprom we imported only 10 per cent of equipment and services, 90 per cent of our demand is covered by Russia's producers," Alexander Medvedev said at the conference on the eastern Russian island of Sakhalin.

"No successful implementation of sanctions [in history] is known," Medvedev added, when asked if sanctions would hurt the company.

Read more

Russia media is under attack.

At least 10 independent media outlets have been blocked or closed down over their coverage of the war in Ukraine.

The Moscow Times needs your help more than ever as we cover this devastating invasion and its sweeping impacts on Russian society.