Gazprom Neft Looks to Ramp Up Output

Russia's Gazprom Neft (SIBN.ME), the oil arm of the world's top gas producer Gazprom, expects to ramp up hydrocarbon production this year, a deputy head of the company said on Thursday.

Vadim Yakovlev also said that the company expects to ship first tanker of 500,000 barrels of oil from the Iraqi Badra field later this month.

Gazprom Neft has been extracting oil at the field at a pace of 15,000-17,000 barrels per day, he said.

Reporting by Olesya Astakhova