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Free AccessGazprom Increases 2022 Investment Programme
Gazprom has increased its 2022 investment programme to 1.98 trillion roubles.
- The increase is more than 222bn roubles greater than the initial investment plan figure according to a statement today.
- Additional funds are for development of gas production in the Yamal Peninsula and eastern Russia and for the Power of Siberia pipeline.
- Capital expenditure raised after robust results for H1 2022. Effects of “lower export volumes were fully mitigated by a higher average gas price” according to Deputy CEO Famil Sadygov.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.