Gazprom tests its budget at oil price of $20-25

At the present time Gazprom is testing its budget for the current year, based on oil prices at the level of $25 and $20 per barrel, the first deputy head of the financial and economic department Igor Shatalov said today at a meeting with investors in New York.

An oil price of $50 was built into the budget for 2015. It was "below most analysts' forecasts," but the company made a script in case of $35 per barrel (stress scenario), which allowed the company to be ready for the current price situation, Interfax cites Shatalov as saying.