Gazprom Board of Directors Approves Adjusted Investment Program, Budget and Cost Reduction Program for 2013
The Gazprom Board of Directors approved the adjusted Investment Program, Budget (Financial Plan) and Cost Optimization (Reduction) Program for 2013. According to the adjusted Investment Program for 2013, the total amount of investments will make up RUB 1 trillion 026.1 billion, which is a RUB 320.7 billion increase as compared to the Investment Program approved in December 2012. Meanwhile, the amount of capital investments will …
Gazprom: Board of Directors approves Investment Program, Budget and Cost Reduction Program for 2013
The Gazprom Board of Directors took notice of the information on the Company’s preliminary operating results of 2012, projected Investment Program, Budget (Financial Plan) and Cost Optimization (Reduction) Program for 2014–2015. Pursuant to the 2013 Investment Program, priority in capital construction costs allocation will be given to the following gas production projects: pre-development of the Bovanenkovskoye, Medvezhye, Urengoyskoye, Yamburgskoye and other …