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2016-10-19 18:30:00

GAZPROM IVESTMENT: RUB 853.01 BLN

ИНВЕСТИЦИИ ГАЗПРОМА: 851 МЛРД. РУБ.

The Gazprom Board of Directors approved the adjusted Investment Program, budget (financial plan), and cost optimization (reduction) program for 2016.

Pursuant to the adjusted Investment Program for 2016, the overall amount of investments will stand at RUB 853.01 billion, up RUB 11.011 billion versus the Investment Program approved in December 2015. Accordingly, the amount of long-term financial investments will equal RUB 173.159 billion, with RUB 10.399 billion intended for the acquisition of non-current assets.

In line with Gazprom's adjusted budget for 2016, the external financial borrowings will total RUB 187.8 billion. The approved financial plan will provide for a full coverage of Gazprom's liabilities without a deficit.

The adjusted cost optimization (reduction) program for 2016 includes cost optimization (reduction) measures with an expected cumulative effect of RUB 16 billion.

The adjustments to the Investment Program for 2016 can be primarily attributed to an increase in long-term financial investments.

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Earlier: 

BULGARIA'S GAS HAB 

GAZPROM SALES UP TO 49% 

GAZPROM - EUROPE: UP 14% 

RUSSIAN GAS UP 

GAZPROM PROFIT: ₽373.3 BLN

 

 

Tags: GAZPROM, ГАЗПРОМ

Chronicle:

ИНВЕСТИЦИИ ГАЗПРОМА: 851 МЛРД. РУБ.
2018, July, 12, 10:20:00

U.S. - EXXON - RUSSIA SANCTIONS

BLOOMBERG - Treasury Secretary Steven Mnuchin told a Texas judge that Exxon Mobil Corp. doesn’t have a right to see privileged documents related to a $2 million fine assessed against the energy company for violating sanctions related to Russia’s 2014 invasion of Ukraine.

ИНВЕСТИЦИИ ГАЗПРОМА: 851 МЛРД. РУБ.
2018, July, 12, 10:15:00

NORWAY'S OIL PRODUCTION: 1.747 MBD

NPD - Preliminary production figures for June 2018 show an average daily production of 1 747 000 barrels of oil, NGL and condensate, which is an increase of 88 000 barrels per day compared to May.

ИНВЕСТИЦИИ ГАЗПРОМА: 851 МЛРД. РУБ.
2018, July, 12, 10:10:00

NOVATEK'S PRODUCTION: +2.4%

NOVATEK - In the first half 2018, NOVATEK’s hydrocarbons production totaled 264.3 million barrels of oil equivalent (boe), including 32.93 billion cubic meters (bcm) of natural gas and 5,864 thousand tons of liquids (gas condensate and crude oil), resulting in an increase in total hydrocarbons production by 6.3 million boe, or by 2.4%, as compared to the first half 2017.

ИНВЕСТИЦИИ ГАЗПРОМА: 851 МЛРД. РУБ.
2018, July, 11, 09:35:00

OIL PRICE: NEAR $78 YET

REUTERS - Brent crude futures LCOc1 were down 75 cents, or 1 percent, at $78.11 a barrel by 0308 GMT, having fallen as low as $77.60. U.S. crude CLc1 was down 55 cents, or 0.7 percent, at $73.56.

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