UPDATE 2-Gazprom says ups 2010 investment to $28 bln

* Total investment to be 802 bln rbls vs 761 bln

* Investment programme to be increased by 5 percent

* Funding needed for ambitious projects (Changes source to Gazprom)

By Katya Golubkova

MOSCOW, Nov 12 (Reuters) - Russian gas giant Gazprom will increase its investment programme next year by 5 percent to 802.4 billion roubles ($27.94 billion), the company said in a statement on Thursday.

The company said its capital investments will rise to 663.56 billion roubles from previously planned 483.5 billion roubles. Long-term financial investments will rise to 138.84 billion roubles.

Gazprom's investment programme is usually revised several times during the course of the year depending on market conditions. The decision was taken at a management meeting on Wednesday.

Gazprom said its 2010 total revenue will stand at 3.79 trillion roubles. It said it plans to borrow 90 billion roubles in 2010.

Analysts are closely watching the high costs of the world's largest gas firm and have criticised the company for spending too much.