OREANDA-NEWS. The Gazprom Management Committee has approved the updated key figures of the Gazprom Investment Program and draft Budget (Financial Plan) for 2007. Said draft documents are pending endorsement by the Board of Directors.

According to the updated draft Budget overall cash income & revenues will make up RUR 2,277 trln, which is RUR 289 billion less as compared with the Budget approved in January 2007.

Liabilities, expenditures and investments will increase by RUR 93 billion and account for RUR 2,749 trln. The total financial borrowings are projected at RUR 421.2 billion.

The net surplus will make up RUR 1.3 billion.

The necessity to update the Investment Program and Budget was driven mainly by the share acquisition of Sakhalin Energy, Beltransgaz and Mosenergo.