Gazprom Group’s key financial indicators: net  debt/EBITDA ratio 7 per cent down, EBITDA 37 per cent up

October 16, 2025

St. Petersburg, October 15, 2025 – Famil Sadygov, Deputy Chairman of the Gazprom Management Committee:

“According to preliminary data, in the first nine months of 2025, the EBITDA of the Gazprom Group continued to grow; it has increased by 37 per cent and will exceed RUB 2.1 trillion.

A significant role in this growth belongs to the gas business of the Gazprom Group. A tangible impact was made by the growth in natural gas supplies to the domestic market by 2.8 per cent and to China by more than 27 per cent.

As per the audited IFRS financial statement of the Gazprom Group, EBITDA for the first six months of 2025 totaled RUB 1,547 billion. This is 6 per cent more than in the first half of 2024.

A significant contribution to the result achieved in the first half of 2025 was made in the second quarter of the year. In April–June 2025, EBITDA grew by 28 per cent as compared to the same period of 2024, including due to the reduction of the operating costs.

The Company is pursuing a conservative debt policy. In the first half of the year, the debt burden expressed as the (Adjusted) Net Debt/annualized EBITDA ratio decreased by 7 per cent to 1.71 against 1.83 observed at the end of 2024.

Gazprom prevents the accumulation of debt by making sure that its borrowings do not exceed the amount of the debt repayment. In addition, when possible, the Company uses its free cash flow for debt repayment. As a result, in the first half of 2025, the total debt of the Gazprom Group decreased by RUB 637 billion to RUB 6 trillion, and the net debt adjusted for deposits decreased by RUB 221 billion to RUB 5.5 trillion.

The amount of the Group’s debt has not increased in the first nine months of 2025.”

Source: GAZPROM