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Gazprom's Investments to Reach $44 Billion in 2011
30.06.2011 13:27
Gazprom's Investments to Reach $44 Billion in 2011

The investment program of Gazprom may be increased from initial 816 billion rubles to 1,241 trillion rubles (about 44 billion dollars). 

      Rising world energy prices and the situation on the European gas market will allow Gazprom to maximize investments in its projects, without getting debts. The company has already revised the export prices of gas from 352 to 402 dollars. 

      Gazprom is going to adjust its investment program in September, 2011. The investment growth is needed to provide an increased gas production to meet the obligations to the Russian and foreign companies.

Author: Ksenia Dzhalagonia

Tags: Gazprom investment    

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