Gazpromneft to invest RUR6.3 billion into oil refining

Gazpromneft OJSC approved the volumes of a medium-term investment program for 2008-2010 at RUR 267.5 billion, FIS reports. In 2008, investments will total RUR88.9 billion, 36% more than in 2007. RUR6.3 billion will be invested in oil refining in 2008 and RUR27.3 billion - in 2008-2010. The sale segment will obtain RUR6 billion worth of investments in 2008 and RUR19.9 billion - in 2008-2010.