Gazprom Neft to maintain capex flat at 360 bln rbl till 2021 - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Gazprom Neft to maintain capex flat at 360 bln rbl till 2021

MOSCOW, Feb 28 (PRIME) -- Russian oil company Gazprom Neft plans to maintain capital expenditures flat until 2021 but will raise the share of investment in downstream operations, Deputy CEO for Finance and Economy Alexei Yankevich said in a conference call on Wednesday.

УNow downstream investment is at around 23% of cumulative capital expenditure. It may rise to 28-30% in 2019-2020. The share of investment in upstream operations is to rise after that,Ф he said.

In 2017, the companyТs capex fell 7.2% on the year to 357.09 billion rubles, according to a report under International Financial Reporting Standards.

End

28.02.2018 19:29
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 70.6068 +0.0516 19 jul
USD 62.8286 -0.1165 19 jul
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1362.05 +0.91 11:25 19 jul
micex 2721.59 +0.70 11:25 19 jul
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 219.10 +0.37 11:07 19 jul
lkoh 5205.00 +0.75 11:07 19 jul
rosn 419.60 +0.62 11:07 19 jul
sber 237.11 +0.99 11:07 19 jul
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 70.6200 +0.1800 14:59 19 jul
USDTD 63.0300 +0.1575 17:44 19 jul