Russia
's OAO
Gazprom (GAZP.RS), the world's biggest producer of natural gas, said Friday it
plans to export 151.5 billion cubic meters of gas to
Europe
in
2011, an analyst attending the company's investor day meeting told Dow Jones
Newswires.
The company also said it saw 2011 capital expenditure at $24 billion, the
analyst said.
Gazprom's dividend payout ratio will remain between 17.5% and 35%, the company
told investors.
Gazprom said it expects to sign a gas contract with
China
by
mid-2011, and that its Altai pipeline would begin deliveries to
China
by
the end of 2015, while its east corridor pipeline would start deliveries to
China
after
2017, the analyst said.
Gazprom
wasn't immediately available for comment