Business

Gazprom Neft to Boost Investment 25% in 2013

20:44 24/12/2012

Related News

MOSCOW, December 24 (RIA Novosti) - Gazprom Neft, the oil arm of the Russian energy giant Gazprom, plans to spend up to 240 billion rubles for investment projects, up 25 percent year-on-year, the company said on Monday.

“The [investment volume] increase will be at about 25 percent, due to new major Russian and foreign projects on land and the shelf, as well as oil extraction in traditional regions of operation and oil exploration in East Siberia,” a company statement reads.

The 2012 company’s investment program stood at $6.1 billion in 2012.

Gazprom Neft plans to invest $23 billion in total in 2013-2015: $7.4 billion in 2013, $8.3 billion in 2014 and $7.3 billion in 2015.

Add to blog
Send to friend
Share

Add to blog

You may place this material on your blog by copying the link.

Publication code:

<div style="border:1px solid #d3d3d3; padding:17px 0 0px 17px; background:#ffffff; width:510px;"><div style="width:100%; overflow:hidden;"><a target="_blank" href="http://en.rian.ru/business/20121224/178376837.html" style="text-decoration:none;"><img src="http://en.rian.ru/i/eng/logo_sml.gif" alt="RIA Novosti" title="RIA Novosti" style="float:left; margin-right:10px;" border="0" /></a><a target="_blank" href="http://en.rian.ru/business/20121224/178376837.html"><img src="http://en.rian.ru/images/16346/88/163468880.jpg" width="120" height="83" border="0" alt="Gazprom Neft to Boost Investment 25% in 2013        " style="float:right;padding:0px 15px 5px 0px;" /></a><a target="_blank" href="http://en.rian.ru/business/20121224/178376837.html" style="color:#000000;text-decoration:none;display: block; margin: 0 10px 0 0 ;"><strong style="font:19px Georgia,Arial,sans-serif; line-height:16px; font-weight:bold;">Gazprom Neft to Boost Investment 25% in 2013</strong></a><p style="font:13px Georgia,Arial,sans-serif; padding:5px 153px 0px 0;"><span style="color:#5590bf;">20:44</span> <span style="color:#5590bf; padding-right:7px;">24/12/2012</span> <span style="font-size:12px;">Gazprom Neft, the oil arm of the Russian energy giant Gazprom, plans to spend up to 240 billion rubles for investment projects, up 25 percent year-on-year, the company said on Monday.<a target="_blank" style="color:#335f86; padding-left:10px; text-decoration:underline;" href="http://en.rian.ru/business/20121224/178376837.html" title="Gazprom Neft to Boost Investment 25% in 2013">>></a></span></p><div style="padding:6px 0 15px 30px; font:10px Verdana,sans-serif;"><a target="_blank" style="color:#114472; text-decoration:underline;" href="http://en.rian.ru" title="RIA Novosti">Other news of the day</a></div></div></div>

Preview:

Gazprom Neft to Boost Investment 25% in 2013

20:44 24/12/2012 Gazprom Neft, the oil arm of the Russian energy giant Gazprom, plans to spend up to 240 billion rubles for investment projects, up 25 percent year-on-year, the company said on Monday.>>

Other news of the day