Gazprom’s investment program-2014 has been raised by 22%

The Board of Gazprom has corrected the company’s investment program for 2014 having raised it by 22% to 1.026 trln roubles, is said in the company’s report on the results of the meeting of the Board.

The investment program has been increased by 220.146 bln roubles against the investment program approved in December 2013. The volume of capital investment will make up 816.572 bln roubles (+115.462 bln roubles), the expenditure for capital construction is 804.860 bln roubles out of this amount (+106.648 bln roubles), for the purchase of non-current assets – 11.712 bln roubles (+8.815 bln roubles).

The company’s budget 2014 in the new edition presupposes that the total volume of income by the operational and investment activity will amount to 5.649 trln roubles. The volume of external financial loans won’t change to make up 90 bln roubles. The surplus of funds (taking into account the inter-group loans and the amounts left on Gazprom’s balance by the beginning of 2014) – 0.5 bln roubles.