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Russian energy giant Gazprom [RTS: GAZP] plans to produce 561 billion
Russian energy giant Gazprom [RTS: GAZP] plans to produce 561 billion cubic meters of natural gas in 2008, a company official said on Wednesday.

Valery Minlikayev, head of the company's gas and gas condensate production department, said that of this figure, Gazprom intends to produce 545.9 billion cu m of gas at existing deposits and 15.1 billion cu m at new deposits.

It was earlier reported that Gazprom had reduced gas production by 1.4%, year on year, in 2007 to 548.5 billion cubic meters.

Gazprom intends to boost natural gas output to 610-615 billion cubic meters by 2015 and to 620-646 billion cu m by 2020, Minlikayev said.


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