Russia's Gazprom says raises 2017 investments to almost $20 B
10/18/2017
MOSCOW (Reuters) — Russian gas giant Gazprom said on Wednesday its board had decided to increase its investment program to 1.13 T roubles ($19.7 B), or by 217.3 B roubles from the initial plan.
It also said capital expenditure for this year was being raised to 738.5 B roubles, or by 112.5 B roubles compared to the initial program approved at the end of 2016.
Reporting by Polina Devitt and Vladimir Soldatkin; Editing by Dmitry Solovyov
Sign up to Receive Our Newsletter
- RWE strengthens partnerships with ADNOC and Masdar to enhance energy security in Germany and Europe
- TotalEnergies and Mozambique announce the full restart of the $20-B Mozambique LNG project
- Venture Global wins LNG arbitration case brought by Spain's Repsol
- KBR awarded FEED for Coastal Bend LNG project
- Norway pipeline gas export down 2.3% in 2025, seen steady this year
Comments