Gazprom Plans to Reduce Investments by Almost a Third Next Year, Priority Will Be Power of Siberia 2
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3 Articles
The Power of Siberia 2 gas pipeline is missing from the priority projects
Gazprom Plans to Reduce Investments by Almost a Third Next Year, Priority Will Be Power of Siberia 2
Russian gas giant Gazprom plans to cut investments by almost a third next year. The company's management today approved an investment program for 2026, which provides for expenses of 1.1 trillion rubles (11.9 billion euros). This year, investments are expected to amount to 1.615 trillion rubles. This is reported by Reuters. Gazprom did not mention in the list of priority projects for next year the proposed Sila Siberia 2 gas pipeline to China. L…
The Russian gas giant Gazprom has announced that in 2026 it plans to invest 1.1 trillion rubles, about 1.7 billion dollars, almost a third less than in the current year. According to the gas press release, the investment program includes funds to finance the development of gas production centers in eastern Russia and the Yamal peninsula, gasification of Russian regions, expansion of the capacity of the Siberian Force gas pipeline and Gazprom gas…
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