Gazprom is planning to allocate 230.6bn rubles ($7.54bn) to modernize the single system of gas supplies by 2006, the holding said. The Russian gas giant has already allocated some 155.7bn rubles ($5.08bn) for upgrading its technological facilities. Some 74.9bn rubles ($2.45bn) are planned to be invested in repairing backup facilities through 2006. About 93.2bn rubles ($3.05bn) are expected to be spent on reducing technological losses and internal gas consumption in 2003.
Gazprom's net income amounted to 110.5bn rubles ($3.61bn) in the first half of 2003. Its gas production was 273.1bn cubic meters, including 68.3bn cubic meters in gas exports to Europe.
Following the missile attack on the Black Sea Fleet headquarters in Crimea, Russia will obliterate airfields in Western Ukraine where Sukhoi Su-24 bombers are stationed