In the central office of Gazprom holds meeting of the Board of Directors. The Board of Directors approved the investment program and budget (financial plan) OAO Gazprom for 2009 in the new edition. Presidium of the company in charge of organizing the work on the implementation of these documents, the report said the concern.
In accordance with the investment program for 2009 in the new edition, the total amount of funding investment of 761.53 billion rubles. that at 158.91 billion rubles. compared with the Investment Program approved in December 2008. This refined level of funding capital investment will amount to 483.48 billion rubles. (at 216.4 billion rubles. compared with the Investment Program approved in December 2008), long-term financial investments - 278.05 billion rubles. (at 57.48 billion rubles. more than the Investment Program approved in December 2008).
The approved budget for 2009 in the new edition provides the decrease of total revenues and cash flows for 407.9 billion rubles. up to 3.3 trillion. rub., liabilities, costs and investments - to 126,8 billion rubles. up to 3.68 trillion. rub. According to the budget in the new edition, borrowings will rise to 214.9 billion rubles. to 304.9 billion rubles. The increase in borrowings due to, inter alia, the need to finance the implementation of an option to acquire 20% stake in OAO Gazprom Neft and 51% of OOO SeverEnergiya. Surplus funds amounted to 0,5 billion rubles.
refine your investment program and budget for 2009 due to the influence of objective external factors that have emerged due to global financial and economic crisis. Among the key factors - the reduction in gas demand in all markets for Gazprom and the change in the price of gas, explains the company. In addition, the parameters of the budget of Gazprom for 2009 in the new edition have been formed in the light of the changed macro-economic indicators.
investment program of OAO Gazprom for 2009 in the new edition formed the basis of the possibility of the priorities facing the company, with minimal cost.
In accordance with the investment program of OAO Gazprom for 2009 in the new edition, postponed dates for a number of production facilities. In particular, the decrease in projected demand for natural gas, with the III quarter of 2011 in the III quarter 2012 has been rescheduled commissioning of the first launch complexes Bovanenkovo field and the system of main gas pipelines Bovanenkovo - Ukhta. Given market conditions, reduced investment in the development of mining facilities, processing facilities and underground gas storage, as well as to implement a comprehensive program of reconstruction and technical re-equipment of gas transportation for the period 2007-2010.
However, the investment program provides for an increase in funds to implement the key priority projects, including - construction of gas pipelines Gryazovets - Vyborg, SRTO - Torzhok, Pochinki - Gryazovets.
investment has increased for Russia strategic projects implemented under the orders of federal bodies of state authority and necessary for the gasification of regions of Russia. In particular, it provides growth capital investments in the construction of gas pipeline Sakhalin - Khabarovsk - Vladivostok. Investments also increased under the project Gas Kamchatka region. The first phase - gas supply
g. Petropavlovsk-Kamchatsky.
plan long-term investments for the year 2009 provides for Gazprom's participation in projects of development and exploitation of the Shtokman and Prirazlomnoye fields in the Sakhalin-2 in the project North Stream and South Stream. Allowance is also funding projects abroad.
The cost of acquisition of rights for subsoil use does not include investment program, because, as a result of adjusting approaches to their integration into Gazprom, they are now reflected in the budget of the Company as an expense of the Administration of Gazprom's major activity. Private power companies are working much more efficiently …
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