Offshore logo
Gazprom signals US $24.7 bn spend for 2012
Posted 22.12.2011 09:59:15 av John Bradbury
Vis RSS feed
Send nyhet til en venn
Gazprom's board of directors has given a green light to a 2012 investment programme totalling a huge RUB 776.648 billion (US $24.725 bn) and Shtokman is among the projects allocated future spending.

In a statement the Russian gas giant signalled that it would be spending 776.648 billion in 2012 and capital investments will account for RUB 709.648 bn ($22.571 bn) of that total, “... of which RUB 709.564 billion [$22.568 bn] and RUB 40 million [$1.272 bn] will be allocated for capital construction and acquisition of non-current assets accordingly. The amount of long-term financial investments will total RUB 67.044 billion [$2.132 bn],” Gazprom stated on its website.

“The long-term financial investment plan for 2012 prioritizes, inter alia, Gazprom's participation in the project for the Shtokman field development as well as the Nord Stream and South Stream gas pipelines construction. In addition, the Company intends to allocate funds for power generation projects,” Gazprom has indicated.

Priority is being given to projects “... that have fundamental significance for attaining the planned levels of gas production and supply as well as for the Russian Federation in general,” Gazprom has stated. As a result 335 of the capital investment will go on gas production facilities and 52% of the capital investment total will go on gas transmissions and underground storage facilities.

Capital construction costs will be allocated to pre-development of five named gas fields  Bovanenkovskoye, Zapolyarnoye, Medvezhye, Urengoyskoye, Yamburgskoye, as well as others.

Gazprom's 2012 spending on gas transmission assets will include five trunklines: Bovanenkovo – Ukhta, Ukhta – Torzhok  Gryazovets to Vyborg, and Pochinki to Gryazovets and an SRTO to Torzhok gas trunkline.

Also Gazprom says funding will be allocated to Russian Far East projects, particularly gas transmission systems connecting Sakhalin, Khabarovsk and Vladivostok, and a gas trunkline from the onshore processing facility at the Kirinskoye gas and condensate field to the Sakhalin main compressor station, while pre-development funding will go to Russia's Kshukskoye, Nizhne-Kvakchikskoye and Kirinskoye fields.

Pursuant to the document, funds will also be channelled for upgrading the major gas production and transmission assets, re-equipping underground gas storage facilities, constructing and retrofitting gas processing capacities as well as performing survey, geological exploration and production drilling in fields.

Some of the spending – no figures are specified in the statement – will also go on a Russian government approved programme for constructing Olympic venues and development of the city of Sochi as a mountain resort. Other money will go into creating industry-specific integrated information and management systems.

And other projects in Africa, Bolivia, the UK, the Republic of Vietnam, Latin America and Uzbekistan will also be financed, the Russian major said.

Advertisement
Latest news

Asset integrity expertise bought

British-based engineering expertise has been bought up by Norway's Aker Solutions to boost its integrity analysis for oil and gas assets.

[Les mer ] Company news

Sound signals big Italian gas

London-listed Sound Oil has logged a big new gas find in Italy.

[Les mer ] Exploration

Aker anchors new accommodation unit

A new offshore accommodation unit under construction in China is to be fitted with a mooring system supplied from Norway.

[Les mer ] Contracts

Big gas at Bianchi 1

Austria's OMV has reported a major new gas find while drilling offshore Australia following on from its earlier Zola discovery.

[Les mer ] Exploration

New drilling near Johan Castberg

Swedish explorer Lundin Petroleum has kicked off a new exploration well in the Norwegian sector of the Barents Sea.

[Les mer ] Exploration

Irish data acquisition underway

Seismic data acquisition has kicked off on a newly allocated Irish Frontier Exploration Licence.

[Les mer ] Exploration

Profilerte stillingerAlle stillinger »
Profilerte selskapFra OffshoreX.no
KVALE ADVOKATFIRMA DA Logo

KVALE ADVOKATFIRMA DA

Kvale is a top tier business law firm and has shown consistent organic growth since the establishment in 1988. The firm advises on all aspects of business law. Oil and gas has throughout the firm's history been a vital part of our activities. We advise major oil companies and other participants in the petroleum sector, and are recognized for our excellent understanding of the oil and gas business.

Se profil | offshorex.no
AIR LIQUIDE OFFSHORE AS Logo

AIR LIQUIDE OFFSHORE AS

Air Liquide er verdens største Industri gass selskap. Vi har mer enn 40000 ansatte world wide og er tilstede i alle store offshore hubs i verden.

Se profil | offshorex.no
Victor A/S Logo

Victor A/S

Victor A/S leverer services og løsninger til markederne energi, offshore og marine. Vi producerer og leverer EPCM løsninger i komplekse rørsystemer i alle metaller, plastik og fiberglas, tryksatte/ikke-tryksatte tanke, konstruktion af procesmoduler og konstruktion af køleløsninger til ethvert formål.

Se profil | offshorex.no
NORISOL NORGE AS Logo

NORISOL NORGE AS

Norisol er en av Norges ledende bedrifter innen ISO fagene Isolering, Stillas og Overflatebehandling. Norisol er et Nordisk konsern og har kontorer i Danmark og Sverige i tillegg til Aberdeen. I Norge har vi kontorer i Stavanger, Porsgrunn, Drammen, Fredrikstad, Kristiandsand, Bergen og Stord.

Se profil | offshorex.no
ATLAS SERVICES GROUP NORWAY AS Logo

ATLAS SERVICES GROUP NORWAY AS

Atlas Services Group Norway AS is a subsidiary of Atlas Services Group B.V. A leading international company with nearly 30 years of experience in recruitment and staffing of specialists. We put consultants to work in the oil and gas, power, engineering, renewables, seismic and hydrographic, offshore, dredging and shipping industries. www.Atlas4Jobs.com contains over 300 000 CVs

Se profil | offshorex.no
AKER SOLUTIONS AS Logo

AKER SOLUTIONS AS

Aker Solutions ASA is a leading global oil services company that provides engineering and construction services, technologies, product solutions and field-life solutions for the oil and gas industry.

Se profil | offshorex.no
Tips oss
Kontakt oss
Offshore.no AS
Annonsere
Ansvarlige
Sjefsredaktør: Erlend Keilen
OPPHAVSRETT
Alt innhold er opphavsrettslig beskyttet.
Copyright Offshore.no AS