General Announcement::Gazprom's 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
28-Dec-2015 22:08:29
Status
New
Announcement Sub Title
Gazprom's Investment Program for 2016
Announcement Reference
SG151228OTHRTRHI
Submitted By (Co./ Ind. Name)
Horizon LLC / Obukhova
Designation
Specialist
Description (Please provide a detailed description of the event in the box below)
The Board of Directors approved Investment Program, Budget (Financial Plan) and Cost Optimization (Reduction) Program for 2016.
Pursuant to the Investment Program for 2016, the total amount of investments will make up RUB 842 billion. At the same time, the amount of capital investments will account for RUB 777.628 billion, of which RUB 767.327 billion and RUB 10.301 billion will be allocated for capital construction and acquisition of non-current assets accordingly. The amount of long-term financial investments will total RUB 64.372 billion.

Attachments

2015.12.28. Gazprom _ BoD approved Investment Program _ Budget and Cost Optimization Program for 2016.pdf
Total size =146K