Gazprom to Increase Volume of Investments in 2007 by 232,92 Billion Roubles
OREANDA-NEWS. The Gazprom Management Committee has approved the updated key figures of the Gazprom Investment Program and draft Budget (Financial Plan) for 2007. Said draft documents are pending endorsement by the Board of Directors.
Pursuant to the draft Investment Program, the total investments are earmarked at RUR 762.3 billion, which is RUR 232.92 billion up on the Investment Program approved in January 2007.
Therefore the capital investments will be at RUR 319.78 billion (RUR 40.78 billion less as compared with the Investment Program approved in January 2007); long-term investments will make up RUR 442.52 billion (RUR 273.7 billion up on the Investment Program approved in January 2007).
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