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Wednesday, September 10, 2008

Gazprom reveals investment plans

09.08.2008 - RBC Moscow 13:13:53 - The implementation of Gazprom's Eastern Gas Program requires RUB 2.4 trillion (approx. USD 94.3bn) worth of investment until 2030, Deputy Chairman of Gazprom's Management Committee Alexander Ananenkov was cited by the Russian energy giant's press office as saying during an economic forum in Yakutia (the Sakha Republic) today. Ananenkov noted that, according to a government decree, Gazprom had obtained three licenses for the development of an oil and gas condensate field in Yakutia, a gas field in Sakhalin, and a gas condensate field in the Yamalo-Nenets Autonomous Area. He also mentioned several steps to be taken to establish a natural gas center in Yakutia in 2009.

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