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Gazprom sees state co-funding bigger investments

UKHTA, Russia, Dec 3 (Reuters) - Russian gas export monopoly Gazprom GAZP.MM may ask the state to co-fund its investments in 2009 as it wants them to rise by 12 percent to a record 920 billion roubles ($32.84 billion), its head said on Wednesday.

“We are fully maintaining our plans for 2009 as far as key projects are concerned... We may attract some funds from the state,” Alexei Miller told reporters.

Gazprom’s 2008 investment plan was approved by the state at 821.66 billion roubles, including 531.2 billion roubles for capital spending and 290.46 billion roubles for long-term financial investments. (Reporting by Tanya Mosolova, writing by Dmitry Zhdannikov; editing by Toni Vorobyova)

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