Page 104 - RusRPTMar21

net losses, according to the transcript published on Kremlin.ru. He also highlighted that the company had opened three large fields: the Marshal Zhukov and Marshal Rokossovsky fields in the Kara Sea and the Zapdno-Irkinskoye field in Taymyr.
● Gazprom will pay out 40% of IFRS net income in dividends for 2020, even with ND/EBITDA above 2.5x. The company has already budgeted for these payments. The company also remains committed to paying out 50% of corrected IFRS net income as dividends for FY21, as per the dividend policy.
104 RUSSIA Country Report March 2021 www.intellinews.com