Skip to main content

Gazprom Board of Directors approves financial plan for 2018

Published by
LNG Industry,

Gazprom’s Board of Directors have approved the company’s investment program and budget for 2018.

The board 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 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 1279.83 billion, with RUB 798.43 billion intended for capital investments, RUB 40.98 billion for the acquisition of non-current assets, and RUB 439.42 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 416.97 billion. The adopted financial plan will provide for a full coverage of Gazprom’s liabilities without a deficit.

Read the article online at:

You might also like


[WEBINAR] Insulation advances: Mitigating noise and CUI in your LNG plant

Heightened noise levels are harmful to the well-being and productivity of a plant’s personnel as well as the surrounding environment. With excessive noise presenting so many financial and health and safety risks, LNG plants need reliable, cost-effective noise-reduction solutions. This webinar will outline the most popular acoustic standards in the industry today and distill down to the audience what they need to know in order to best protect their work personnel and profits.

Register for your free space today »


Embed article link: (copy the HTML code below):