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Government OKs Gazprom investment. (News).
The Russian government has approved Gazprom's $5.7bn (Rbs179.7bn) investment programme for 2003. It has also authorised Gazprom to make long-term investments worth $430mn.
Gazprom management had initially sought approval for total investment of $6.5bn next year, but the economic development ministry ruled that this should be cut and non-core assets sold off. Gazprom also tried to convince the government to raise gas prices by at least …
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