✕
Markets

Russia's Gazprom Neft says expects 2016 investments flat, at 380bn roubles

Published Updated

MOSCOW: Gazprom Neft, the oil arm of Russia's top natural gas producer Gazprom, expects 2016 investments unchanged, at around 380 billion roubles ($5.8 billion), the company Chief Financial Officer Alexei Yankevich said during a conference call.

He also said that the company projects its financing using average oil price of $45 per dollar for next three years.

Copyright Reuters, 2015