Gazprom Management Committee Endorses Drafts of Investment Program and Budget for 2025

Source: www.gulfoilandgas.com 11/28/2024, Location: Asia

- Gazprom's overall amount of investments under the 2025 investment program: RUB 1,523.7 billion.

- Final investment program and budget will be approved by the Gazprom Board of Directors.

The Gazprom Management Committee took note of the information about the Company's preliminary operating results for 2024 and the projected investment program and budget (financial plan) for 2026–2027.

The Management Committee also endorsed the drafts of the investment program and budget (financial plan) for 2025.

As per the draft investment program for 2025, the overall amount of investments to be used in said year will total RUB 1,523.7 billion.

The endorsed financial plan will provide for a full coverage of the Company's liabilities without a deficit. Decisions on debt financing under the Borrowing Program will be made on the basis of the market conditions, liquidity and Gazprom's financing needs.

The information about Gazprom's preliminary operating results for 2024, the drafts of the Company's investment program and budget for 2025, and the projected investment program and budget for 2026–2027 will be submitted for consideration by the Gazprom Board of Directors.


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