“Gazpromneft” to spend $0.13 bln for APG utilization technology

The level of beneficial use of APG by “Gazpromneft” will make up 81% this year, while the volume of investments into the development of infrastructure on utilization of APG – about $0.13 billion, the company stated, following the results of the Board’s meeting.

APG utilization level increased 1.5 times over the last 4 years despite a significant increase of APG production volume – up to 6.8 billion cubic meters from 4.4 billion cubic meters. The implementation of a number of large investment projects in the Khanty-Mansi Autonomous Area, Tomsk region and Noyabrsk region has contributed to it according to “Gazpromneft”.

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