Gazprom has posted a €45m (£39m) profit from its North Sea gas field, sparking calls for a tougher crackdown on the Russian energy giant.

Accounts filed for Gazprom’s UK subsidiary showed the company continues to cash in from its Sillimanite field, which is spread across UK and Dutch waters in the North Sea.

Gazprom International UK recorded a €45m profit in 2022 and paid out a dividend of €41m to its immediate parent company in the Netherlands. A further dividend of €1.7m was paid out in June.

Gazprom, which is majority owned by the Kremlin, is Russia’s largest oil and gas company.

While the company itself has not been targeted with sanctions by the UK Government, a number of top executives have been.

The profits fuelled calls for a tighter clampdown on Russia’s ability to profit from UK gas fields to fund its war in Ukraine. Sir Ed Davey, leader of the Liberal Democrats told the BBC it was “totally unacceptable”.

The Government said it would “ratchet up economic pressure” on Russia.

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