Russia's Gazprom Says Completed Borrowings Program For 2016

Reuters

MINSK, March 25 (Reuters) - Russia's Gazprom has already completed its borrowings programme for this year, Andrey Kruglov, its deputy chairman, told reporters in Minsk on Friday.

Gazprom has also decided to postpone retroactive payments until 2016 from 2015 and may upgrade its estimate for them.

In 2015, the company estimated these payments at slightly less than 100 billion roubles ($1.5 billion), Kruglov added.

($1 = 67.8385 roubles)

(Reporting by Andrei Makhovsky; writing by Polina Devitt; editing by Dmitry Solovyov)

Copyright 2016 Thomson Reuters. Click for Restrictions.

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