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Gazprom output seen rising 5% in 2015 after fall this year

Oct. 07, 2014 9:53 AM ETPublic Joint Stock Company Gazprom (OGZPY) StockOGZPYBy: Carl Surran, SA News Editor
  • Russia's top natural gas producer Gazprom (OTCPK:OGZPY) expects its gas output to rise by ~5% next year after this year's production is poised to drop to an all-time low, a board member says.
  • Gazprom expects its gas output to fall to 463B cm this year due to a pricing dispute with Ukraine, however some analysts have believed it would barely reach 450B cm, which would be a record low level since 1989.
  • The company's nat gas production totaled 311.6B cm during the first nine months of the year.

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