OREANDA-NEWS. On 21 May 2009 was announced, that Gazprom might reduce the investment program for the current year on behalf of financial investments. The operating variant of Gazprom’s investment program for 2009 forms 921 bn RUR, including the capital investments – 700 bn RUR and 221 bn RUR – long-term investments. 30% cut-off from the financial operations is being considered. So, the financial investments will be reduced and after their correction they will total 155 bn RUR.

Belon upped extraction of coal by 38% in 1Q 2009 and gained net loss by RAS. In January-March 2009 Belon group upped the extraction of coking and energy coal by 38% to 1.409 mn tons versus the similar period of 2008. In 1Q 2009, according to the non-consolidated report by RAS, the company gained 731 mn RUR of net loss versus 642.5 mn RUR of the net profit for the similar period of the previous year.