2019-12-13 10:55:00
GAZPROM'S INVESTMENT 2020: RUB 1,104.7 BLN
GAZPROM - December 12, 2019 - Gazprom Management Committee endorses drafts of investment program and budget for 2020
- Gazprom's overall amount of investments for 2020: RUB 1,104.7 billion.
- Gazprom's borrowings for 2020: RUB 557.8 billion.
- Final investment program and budget to be approved by Gazprom Board of Directors.
The Gazprom Management Committee took note of the Company's preliminary operating results for 2019 and the projected investment program and budget (financial plan) for 2021–2022.
The Management Committee also endorsed the drafts of the investment program and budget (financial plan) for 2020.
As per the draft investment program for 2020, the overall amount of investments will be RUB 1,104.724 billion, including RUB 933.403 billion for capital investments, RUB 89.972 billion allocated for the acquisition of non-current assets, and RUB 81.349 billion assigned for long-term financial investments.
Pursuant to the draft budget (financial plan) of Gazprom for 2020, the financial borrowings (without intra-Group borrowings) will total RUB 557.769 billion. This financial plan will provide for a full coverage of the Company's liabilities without a deficit. Decisions on debt financing under the Borrowing Program will be made on the basis of the market conditions, liquidity and Gazprom's financing needs.
The information on Gazprom's preliminary operating results for 2019, the drafts of the Company's investment program and budget (financial plan) for 2020, and the projected investment program and budget (financial plan) for 2021–2022 will be submitted for consideration by the Gazprom Board of Directors.
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Earlier:
2019, December, 4, 12:35:00
ГАЗ "СИЛЫ СИБИРИ" ДЛЯ КИТАЯ
«Сегодня историческое событие для России и Китая. „Восточный“ маршрут, „Сила Сибири“ — это глобальный, стратегически значимый и взаимовыгодный проект. Новая орбита сотрудничества двух стран в энергетике с перспективой дальнейшего развития. Чистая энергия сегодня и в будущем, на десятилетия вперед», — сказал Алексей Миллер.
2019, November, 29, 15:35:00
RUSSIA UKRAINE GAS TALKS
The parties discussed Russian-Ukrainian cooperation in the gas sector, including the settling of mutual claims related to the execution of contracts, the terms of transiting Russian gas to Europe from 2020 onward, and the outlook for direct purchases of Russian gas for Ukrainian consumers.
