Gazprom may become the world's leader in the oil and gas industry in terms of expenditure, Vedomosti reports.
Together with its subsidiaries Gazpromneft and energy companies, Gazprom will spend a total of 1.6 trillion rubles this year, a world record for the sphere.
Petrobas (Brazil) used to hold first position. Its program in 2011-2015 reached $224.7 billion, about $45 billion annually. Plans for 2010-2014 were to spend $224 billion.
Gazprom will spend $41.4 billion in 2011, according to the investment program of 2011.