Gazprom reveals plans to spend 1.2T rubles ($38.4B) launching the Chayanda gas field in east...

|About: Gazprom Neft PJSC ADR (GZPFY)|By:, SA News Editor

Gazprom reveals plans to spend 1.2T rubles ($38.4B) launching the Chayanda gas field in east Siberia and pipeline to Vladivostok at Russia's Pacific coast by the end of 2017. Russian Pres. Putin says that developing Chayanda, which holds ~1.3T cubic meters of gas and another giant field, Kovytka, is the next stage of Russia's eastern gas program.

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