Gazprom Neft plans 2021 investment program flat on 2020

MOSCOW, Dec 24 (PRIME) -- Oil company Gazprom Neft plans its 2021 investment program unchaged compared with 2020, or 381 billion rubles, the company said in a statement on Thursday.

"The estimated amount of Gazprom Neft’s investment program in 2020 is 381 billion rubles. In 2021, the amount of investment is planned at the level of 2020," Gazprom Neft said.

Production of hydrocarbons is expected at 95.7 million tonnes of oil equivalent in 2020 with higher output at the Novoportovskoye deposit, the Orenburg Region, at oil fringes and the Arktikgaz fields contributing most.

End