Gazprom forecasts 2011 production at 520 bcm

Russian gas giant Gazprom expects to produce 520 billion cubic meters of gas in 2011, up from 515 bcm last year, Vsevolod Cherepanov, head of gas, gas condensate and oil production, said on Wednesday. “Our forecast stands at 520 bcm,” Cherepanov told reporters, adding that the company expects output in 2012 at about the same […]