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Gazprom's dividends for the current year may drop by 2.6 billion roubles

December 29, 2013, 1:07 UTC+3 MOSCOW
According to the company’s report, Gazprom’s gas output in 2014 is expected to remain almost unchanged at 491 billion cubic metres
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© ITAR-TASS/Sergei Karpov

MOSCOW, December 29, 0:27 /ITAR-TASS/. Dividends of Russia’s gas giant Gazprom for the current year may drop by 2.6 billion roubles (USD 1 = RUB 32.63) to 139.3 billion roubles due to the drop in gas production and demand, the Bloomberg agency quoted a report drafted for a governmental meeting on the company’s investment program and budget for 2014.

Upon results of 2013, the company’s dividends may amount to 5.88 roubles per share versus 5.99 roubles in 2012. In 2011, Gazprom paid dividends at the rate of 8.97 roubles per share.

According to the company’s report, Gazprom’s gas output in 2014 is expected to remain almost unchanged at 491 billion cubic metres. In 2015, the gas production may go down to 482 billion cubic metres and may drop to 480 billion cubic metres in 2016.

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