Enes
Moscow
WINNER OF THE RF MINSTROY MEDIA COMPETITION 2016
Go to mobile

All news

ARCHIVE NEWS

«    November 2017    »
MonTueWedThuFriSatSun
 12345
6789101112
13141516171819
20212223242526
27282930 

Gazprom invests $650m in offshore geological exploration

logo russianconstruction.com
Gazprom invests $650m in offshore geological exploration

A Russian gas giant Gazprom plans to spend 37.8 billion rubles ($650 million) this year on the offshore geological exploration, while Rosneft oil company will allocate 43 billion rubles ($754,5 million), the Minister of Natural Resources and Ecology of Russia, Sergey Donskoy, said in an interview with TASS.


“In 2016, the volume of Gazprom’s investments in the works in the shelf area amounted to 30.8 billion rubles, almost 8 billion rubles less than in 2015. In 2017, the company plans to spend 37.8 billion rubles on conducting offshore exploration activities. Volume of Rosneft’s investment amounted to 11 billion rubles, the planned spending for 2017 total 43 billion rubles, almost four times more than in 2016,” — the Minister said.

He added that this year the Ministry expects an increase in investment in geological exploration.

Related publications

PARTNERS

UP