Gazprom Board of Directors Approves Gazprom Program and Budget for 2018

Source: www.gulfoilandgas.com 12/20/2017, Location: Asia

The Gazprom Board of Directors took note of the information about the Company's preliminary operating results for 2017 and the projected investment program and budget (financial plan) for 2019–2020.

The Board of Directors also approved the Company’s investment program and budget (financial plan) for 2018. The key figures of the investment program did not change compared to the version approved by the Gazprom Management Committee in November this year.

Pursuant to Gazprom’s investment program for 2018, the overall amount of investments will stand at RUB 1,278.830 billion, with RUB 798.428 billion intended for capital investments, RUB 40.983 billion for the acquisition of non-current assets, and RUB 439.419 billion for long-term financial investments.

In line with the Company’s approved budget (financial plan) for 2018, the external financial borrowings will total RUB 416.971 billion. The adopted financial plan will provide for a full coverage of Gazprom’s liabilities without a deficit.


Japan >>  5/23/2022 - JGC Holdings Corporation and JGC Japan Corporation announce that they have used their jointly managed corporate venture capital fund (CVC) called the ...
Morocco >>  5/12/2022 - - €40 million loan to Morocco’s Agence Nationale des Ports (ANP)
- Financing to enhance the climate resilience of selected Moroccan ports
-...


Norway >>  5/12/2022 - Neptune Energy announced its financial results for the three months ended 31 March 2022. ...
South Korea >>  5/12/2022 - - Hanwha Solutions will expand its solar module factory in U.S. and cell production facility in Korea, to meet the growing global demand for reliable ...

United Kingdom >>  5/12/2022 - - Corio Generation partners with Ontario Teachers’ Pension Plan to support the development of up to 9GW of offshore wind worldwide
- Ontario Teac...

United Kingdom >>  5/10/2022 - Neptune Energy has announced it will spend more than $1 billion(1) over the next five years securing energy supplies for the UK and speeding the trans...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.