You're reading: Gazprom expecting deterioration of operating results for 2015

Gazprom is forecasting a deterioration of the results of the company's work for 2015 in comparison with the figures for 2014, Gazprom Deputy CEO Andrei Kruglov said.

“The results, as they were last year, are not expected to happen. The reduction in oil prices and the technological sanctions significantly affected Gazprom’s operations,” Kruglov said at a press conference on Friday in Minsk.

In addition, he said that the company, despite the crisis, intends to implement its investment projects, including Nord Stream and Power of Siberia.