Gazprom Neft Approves Budget

摘要

Gazprom Neft’s board has approved an investment plan of 381 billion rubles ($512 million) for 2021, more or less unchanged from 2020. The company was forced to cut its 2020 spending by 20 from previously planned levels in response to the economic fallout from the Covid-19 pandemic. The board also reviewed Gazprom Neft’s plans to develop offshore projects, which it had put on a “smart pause” in response to this year’s difficult market conditions.