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Gazprom outline investment program, budget and cost


Published Dec 24, 2014
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The Gazprom Board of Directors took notice of the information about the Company's preliminary operating results for 2014, projected Investment Program, Budget (Financial Plan) and Cost Optimization (Reduction) Program for 2015-2017.

The Board of Directors approved Gazprom's Investment Program, Budget (Financial Plan) and Cost Optimization (Reduction) Program for 2015. The key performance indicators of the Investment Program grew by RUB 1.11 billion against the version approved by the Gazprom Management Committee this November.

Pursuant to the Investment Program for 2015, the total amount of investments will make up RUB 840.35 billion. At the same time, the amount of capital investments will account for RUB 733.13 billion, of which RUB 733.09 billion and RUB 0.033 billion will be allocated for capital construction and acquisition of non-current assets accordingly. The amount of long-term financial investments will total RUB 107.22 billion.

Tags: Gazprom OAO



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