General Announcement::Gazprom BoD approves adjusted Investment Program for 2016

Issuer & Securities

Issuer/ Manager
JSC GAZPROM
Securities
PJSC GAZPROM GDR - US3682872078 - AAI
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
18-Oct-2016 21:07:16
Status
New
Announcement Sub Title
Gazprom BoD approves adjusted Investment Program for 2016
Announcement Reference
SG161018OTHRNIL8
Submitted By (Co./ Ind. Name)
Horizon LLC / Razdrogina
Designation
Director
Description (Please provide a detailed description of the event in the box below)
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, the amount of long-term financial investments will equal RUB 173.159 billion. In line with Gazprom s adjusted budget for 2016, the external financial borrowings will total RUB 187.8 billion.

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