The plan totals 761.5 billion RUB, which is down 158.9 billion from the 2008 plan, a press release from the company reads.
Capital investments will be down 211.6 billion from 2008 to a total of 488.25 billion RUB, while long-term investments will amount to 273.28, which is 52.72 billion RUB less than last year. A significant part of both sums will be spent on the two top priority projects, the Shtokman field in the Barents Sea and the Bovanenkovo field in Yamal.
Meanwhile, the company expects to get revenues cut dramatically by 407.9 billion RUB to a total of 3.3 trillion RUB.
