MOSCOW, October 14 (RIA Novosti) - Gazprom's head said Friday that he expects the record production level of 547 billion cu m of natural gas in 2005. CEO Alexei Miller told Russian President Vladimir Putin that this volume of production would fully meet both domestic and foreign demand.
Gas exports will reach 147 billion cu m, a record high for Russia and Europe, he said.
Valery Golubev, the head of Gazprom's Investment and Construction Department, had previously said that an increase of 568.7 billion cu m in the company's gas reserves was expected in 2005, and 550.8 billion cu m in 2007.
Gazprom plans to produce 580-590 billion cu ms of gas by 2020 and 610-630 billion by 2030.
Gazprom's main investment projects will be the Zapolyarnoye and the Pestsevoye fields and the Aneryakhinskaya and Kharvutinskaya deposits of the Yamburg field.
