“Gazprom” by 2030, plans to invest up to $16 billion a year

“Gazprom” by 2030, plans to invest up to $16 billion a year


Half of all investments planned for the implementation of two major projects – “the Power of Siberia” and a project to develop the giant resource base of the Yamal Peninsula”.

MOSCOW, 1 Feb. “Gazprom” by 2030 expects to invest up to $ 16 billion in projects, said the head of the Department Oleg Aksyutin.

“To implement society projects and for the expansion and maintenance of existing production facilities until 2030 it is planned to annually invest up to $ 16 billion,” said Aksyutin during the investor Day held in new York.

He also noted that in the period to 2030, almost half of all investments will be focused on implementing two major projects — “the Power of Siberia” and a project to develop the giant resource base of the Yamal Peninsula”.

The total investment of Gazprom in 2016 is estimated at 841,999 billion rubles, of which 767,327 billion rubles — investments in construction, reconstruction of objects of capital construction, previously reported “Gazprom”. Investments “Gazprom” in the pipeline “Power of Siberia” in 2016 will be 92,066 billion.