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Gazprom's Revised 2016 Investment Program Up to $13.5 Bln - Company

© Sputnik / Maksim Blinov / Go to the mediabankGazprom building in Moscow
Gazprom building in Moscow - Sputnik International
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Gazprom has increased its investment program by $175 million to $13.5 billion this year as compared to the program approved in December 2015.

Gazprom office building - Sputnik International
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MOSCOW (Sputnik) Russia's Gazprom energy company has increased its investment program by $175 million to $13.5 billion this year as compared to the program approved in December 2015, the company said in a statement Tuesday.

The newly approved financial plan and spending program by the Gazprom Board of Directors includes a long-term investment package of $2.7 billion and $165 million expenses to purchase non-current assets.

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