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Russia's Gazprom Neft Sees Output Up

Posted by August 13, 2015

Gazprom Neft, the oil arm of state gas producer Gazprom, sees its hydrocarbon output growing by no less than 10 percent in 2015, Alexander Mikheev, an official at the company, told a conference call.

Hydrocarbons output at Gazprom Neft, Russia's No.4 by production volumes, was at 146.9 million barrels of oil equivalent in the second quarter of 2015, up 25 percent year-on-year, thanks to increase at mature fields, recently launched fields and assets consolidation.

(Reporting by Katya Golubkova)

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