The impart on the prevailing economic sanctions placed on Rusian by U.S and her European allies under the auspices of North  Atlantic Treaty Organisation NATO owing to Russian unprovoked invasion of Ukraine is severally creating palpable effect on major state owned companies.  The recent economic blow is coming from the nation’s  oil and gas giant Gazprom via its press released  on operational update which has showned that major gas supply contract to countries in Europe has been suspended.

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