December 25, 2017 / 7:20 AM / a year ago

Russia's Gazprom Neft sees 2018 investments unchanged

The logo of Russia's oil producer Gazprom Neft is seen on a board at the St. Petersburg International Economic Forum 2017 (SPIEF 2017) in St. Petersburg, Russia, June 1, 2017. REUTERS/Sergei Karpukhin

MOSCOW (Reuters) - Gazprom Neft, the oil arm of Russian gas giant Gazprom, expects its investment program unchanged in 2018 comparing to the current year, the company said on Monday.

It said the 2017 investments seen at 385 billion roubles ($6.6 billion). The lion share of investments is allocated for development of new oilfields and modernization of refineries.

Reporting by Vladimir Soldatkin; editing by Polina Devitt

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