“Gazprom” plans to invest in 2016 in the electricity sector less than $1 billion


NEW YORK, February 1. “Gazprom” plans to invest in 2016 in the electricity sector less than $1 billion.

This was announced at investor Day, held in USA, the first Deputy head of financial-economic Department of “Gazprom” Igor Shatalov.

“In the field of electricity, the total investment program will amount to less than $1 billion, and we expect it to decline in 2017”, – he said.

Shatalov also said that next year the company plans to complete the execution of capital commitments under contracts for the provision of capacity, further reducing the investment burden.