Markets

Russia's Gazprom approves $11.71bn investment plan for 2016

Published December 28, 2015 Updated December 28, 2015 11:34am

1 min

By Parvez Jabri

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MOSCOW: The board of Russian gas exporter Gazprom has approved an investment programme for 2016 worth a total of 842 billion roubles ($11.71 billion), the company said in a statement on Monday.

The investment programme includes capital expenditure totalling 777.6 billion roubles ($10.81 billion), the company said.

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