19:38 GMT +308 December 2019
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    Russia’s energy giant Gazprom

    Gazprom Will Still Have Development Options at $30 Oil Price

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    According to Andrey Kruglov, the head of the financial-economic Department of Gazprom, $80 per barrel is a "quite good oil price" but even at $40 price the company will be able to run its investment program.

    Gazprom counted the options for budget implementation even at $30 oil price per barrel, Andrey Kruglov said.

    "We were figuring out the options for the development of the company with the oil price at $40. Even at $30. At these oil prices the company will implement all its plans," Kruglov told reporters in the interview to TV channel Rossia 24.

    The investment program of Gazprom for 2015 was approved for the amount of 840, 35 billion rubles.

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    budget, oil prices, Gazprom, Russia
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