Companies & Finance

Gazprom management approves revised investment programme

Gazprom’s management committee has approved the company’s revised investment programme for 2017.
By Staff reporter 15 September 2017 0 27593

Gazprom’s management committee has approved the company’s revised investment programme for 2017, which includes a 24% increase in investment, the Russian gas giant has said in a press release.

Total investments will stand at RUB 1.1 trillion ($19.6 billion), which is RUB 217 billion more than was envisaged in the investment programme approved in December 2016.

Capital investment will amount to RUB 739 billion, an increase of RUB 112 billion, while spending to acquire assets will increase to RUB 11.3 billion from RUB 11.2 billion.

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