Gazprom's BoD approved the investment program and budget for 2022

Gazprom's BoD approved the investment program and budget for 2022
Photo by the blowup / Unsplash

The total volume of investments will amount to 1,979.7 billion rubles. This is RUB 222 billion more than in the original investment plan. Capital investments will amount to 1,746.3 billion rubles.

Gazprom is explaining the change in the investment program by the increased amount of investment in the development of gas production centers on the Yamal Peninsula and in Eastern Russia. The Power of Siberia gas pipeline also requires additional funds.