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    UPDATE: Putin: Russia will increase oil and gas deliveries to world market

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    GLENEAGLES (Scotland), July 8 (RIA Novosti) - Russian President Vladimir Putin told journalists in Gleneagles on Friday that Russia would increase oil and gas deliveries to the world market.

    "We will increase supply to the world market of energy raw materials and nuclear energy, while discussing this issue from the viewpoint of nonproliferation, as the issue is very sensitive," Putin said.

    The Russian president said it would concern everyone involved in international economic activity.

    The president said oil exports would soon increase from 200-230 million metric tons to 250-270 million tons. From 2010, natural gas deliveries to Western Europe would increase by 40 billion cubic meters, he added.

    "Now they [Russian oil companies] produce 470 million tons, with 200 [million] out of them for export," Putin said.

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