The Board of Management approves Gazprom’s investment programme for 2015

The Board of Directors of Gazprom has approved the investment programmes, budgeting and cost reduction projects for 2015

Under the investment programme project for 2015, the total volume of investments will make up 839.24 billion roubles.

It is too small, taking into consideration the construction of the gas pipeline to China. But there is nothing to be done. Sanctions and the reduction of supplies to the Ukraine do not contribute to large investments.

The volume of capital investments will make up 732.023 billion roubles, of which 731.99 bln roubles is for development expenditures, 0.033 bln roubles – for non-current assets purchase.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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