Russian state gas producer OAO Gazprom (GAZP.RS) expects to increase annual oil production to 80 million metric tons by 2020, up 48.4% on the 2011 output, the company said in a statement Wednesday.
Russian state gas producer OAO Gazprom (GAZP.RS) expects to increase
annual oil production to 80 million metric tons by 2020, up 48.4% on the 2011
output, the company said in a statement Wednesday.
The growth will mainly be due to development of existing reserves and the
realization of new projects, the company said.
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