Russia’s Gazprom Boosts 2024 Investments to $16.9 Billion

Gazprom is raising its investment plan for 2024 by 4% to $16.9 billion (1.642 trillion Russian rubles), thanks to rising exports and domestic supply, the Russian gas giant said after approving its new financial plan for the year. Previously, Gazprom was targeting investments of a total of $16.5 billion (1.574 trillion rubles) for 2024. The Russian company continues to develop key projects, including such aimed at boosting natural gas supply to China, Famil Sadygov, Deputy Chairman of the Management Committee at Gazprom, said in a statement carried...