Gazprom is prepared to adjust the budget and the investing program in 2009: the Russian gas monopolist plans to implement only economically feasible projects, if oil prices plunge to $25 per barrel.
Earlier made most pessimistic forecasts have never predicted oil prices lower than $32. The Russian government is adjusting the federal budget based on $41 per barrel.
These days Gazprom has to cut the amount of its investment programs from 920.5 billion rubles to 713 billion rubles amid the global financial crisis.
source:
www.newsru.com