Reuters: Russia's Gazprom put 2015 investments at $18 bln
Gazprom will invest 839.2 billion roubles ($18.1 billion) next year, the bulk for development of the Yamal peninsula gas deposits and also including research for a new gas pipeline route to China, the company said on Thursday.
This is down from more than 1 trillion roubles earmarked for 2014, a figure that had initially been set at 806 billion roubles.
Gazprom signed a memorandum at the weekend that it hopes will lead to shipments of an additional 30 billion cubic metres (bcm) of gas a year to China via the so-called western route.
The company also said it is ready to start construction of the undersea part of the South Stream gas pipeline via the Black Sea to Europe.