Sergey Kondratiev, Principal Director on Economic Studies at the Institute for Energy and Finance, commented to the Kommersant newspaper on the Gazprom's dividend payments for 2022.
At the end of 2023, one should not expect significant dividend payments from Gazprom, Sergey Kondratyev believes, since Gazprom increased its investment plans by a third, while the company will pay an increased MET on gas annually in 2023–2025 (an additional 600 billion rubles per year).
“Given these factors, I think that dividends in 2023 will be rather symbolic and this situation will continue for several years while the company carries out structural adjustment, redirecting export flows to the east,” he notes.
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