Gazprom to Raise Gas Production

17 June 2009 (Last Updated June 17th, 2009 18:30)

Russian state-controlled energy giant Gazprom plans to produce about 507 billion cubic meters of natural gas in 2010 under its long-term programme, the company has announced. If required the company will raise production to 600 billion cubic meters after planning to produce 510 billio

Russian state-controlled energy giant Gazprom plans to produce about 507 billion cubic meters of natural gas in 2010 under its long-term programme, the company has announced.

If required the company will raise production to 600 billion cubic meters after planning to produce 510 billion in 2011 and 523 billion in 2012.

Gazprom’s production accounts for about 80% of Russian gas production.