Rosneft, TNK-BP, Novatek to Increase Gas Output, Minister Says
By Stephen Bierman -
2012-03-23T17:31:45Z
OAO Rosneft, Russia’s largest oil producer, plans to increase annual natural gas output by 15 billion cubic meters by 2014 compared with last year, Energy Minister Sergei Shmatko said today in a meeting with Prime Minister Vladimir Putin in Kirishi near St. Petersburg.
TNK-BP Holding (TNBP) is also seeking to boost production, by an annual 9.7 billion cubic meters, while OAO Novatek plans to raise output by 7.8 billion cubic meters, he said at the meeting, monitored by journalists.
To contact the reporter on this story: Stephen Bierman in Moscow at sbierman1@bloomberg.net
To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net
Sponsored Link
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.