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Gazprom sees low gas output through 2012

Tue Jun 16, 2009 3:28am EDT

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MOSCOW, June 16 (Reuters) - Russia's Gazprom (GAZP.MM), the world's largest gas producer, expects its output to remain depressed until through 2012, deputy chief executive Alexander Ananenkov said on Tuesday.

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Ananenkov said the firm would produce 507 billion cubic metres in 2010, 510 bcm in 2011 and 523 bcm in 2012 compared to 550 bcm in 2008.

He also said Gazprom may postpone the launch of the giant Bovanenkovo field on the Yamal peninsula by one year to 2012 due to low gas demand in Russia and Europe. (Reporting by Dmitry Zhdannikov, Editing by Toni Vorobyova) (moscow.newsroom@reuters.com, + 7 495 775 12 42)
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