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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.
2017, December, 15, 12:50:00

LUKOIL'S PLAN: $50

LUKOIL - The plan is based on the conservative $50 per barrel oil price scenario. Sustainable hydrocarbon production growth is planned in the Upstream business segment along with the growth in the share of high-margin projects in the overall production. In the Downstream business segment, the focus is on the improvement of operating efficiency and selective investment projects targeted at the enhancement of product slate.

ИНВЕСТИЦИИ ГАЗПРОМА: 851 МЛРД. РУБ.
2017, December, 15, 12:45:00

BP INVESTS TO SOLAR

BP - BP will acquire on completion a 43% equity share in Lightsource for a total consideration of $200 million, paid over three years. The great majority of this investment will fund Lightsource’s worldwide growth pipeline. The company will be renamed Lightsource BP and BP will have two seats on the board of directors.

ИНВЕСТИЦИИ ГАЗПРОМА: 851 МЛРД. РУБ.
2017, December, 13, 12:40:00

OIL PRICE: ABOVE $64 YET

REUTERS - Brent crude was up 69 cents, or 1.1 percent, at $64.03 a barrel by 0743 GMT. It had settled down $1.35, or 2.1 percent, on Tuesday on a wave of profit-taking after news of a key North Sea pipeline shutdown helped send the global benchmark above $65 for the first time since mid-2015. U.S. West Texas Intermediate crude was up 45 cents, or 0.8 percent, at $57.59 a barrel.

ИНВЕСТИЦИИ ГАЗПРОМА: 851 МЛРД. РУБ.
2017, December, 13, 12:35:00

RUSSIAN-TURKISH NUCLEAR

ROSATOM - On December 10, 2017, the construction start ceremony took place at the Akkuyu NPP site under a limited construction licence issued by the Turkish Atomic Energy Agency (TAEK). Director General of the ROSATOM Alexey Likhachev, and First Deputy Minister of Energy and Mineral Resources of the Turkish Republic, Fatih Donmez, took part in the ceremony.

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