Gazprom says fully replaces gas production in 2007

MOSCOW | Tue Jan 22, 2008 3:31am EST

MOSCOW Jan 22 (Reuters) - Russia's gas export monopoly Gazprom (GAZP.MM) said on Tuesday its reserves replacement had exceded production for the third consecutive year in 2007 as it had discovered 585 billion cubic metres of new reserves.

Last year, Gazprom, the world's largest gas firm, produced 548.5 bcm. (Reporting by Tanya Mosolova; Editing by Dmitry Zhdannikov)

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