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| Name | Symbol | Market | Type |
|---|---|---|---|
| PJSC Gazprom (PK) | USOTC:OGZPY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.10 | 0.00 | 01:00:00 |
From May 2019 to May 2024
By Carlo Martuscelli
Gazprom PJSC (GAZP.RS) said Thursday that it plans on spending 217.50 billion rubles ($3.19 billion) more than originally set-out for 2018 as it increases investment into liquid natural gas as well as in gas-transmission projects.
The Russian state-owned oil company said its management committee approved a revised RUB1.496 trillion draft investment plan that raised spending compared with the version approved in December 2017.
The difference is attributable to increased investment in the development of a gas transmission system in Northwestern Russia and the construction of an LNG production, storage and shipment complex near the Portovaya compressor station, the company said.
The revised draft of the investment program will be submitted to the board of directors, the company said.
Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com
(END) Dow Jones Newswires
September 06, 2018 09:52 ET (13:52 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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