2 Feb 2012 13:23

Gazprom Neft's 2011 financial results offer hope for dividend growth - Dyukov

MOSCOW. Feb 2 (Interfax) - OJSC Gazprom Neft's financial results for 2011 offer hope for dividend growth in absolute terms, Gazprom Neft chief Alexander Dyukov told journalists on the sidelines of the Russia 2012 forum in Moscow organized by Sberbank and Troika Dialog .

With regards to this year's production plans, the company intends to step up output by 4% to over 59 million tonnes, he said.

Gazprom Neft also expects to engage in developing over 300 million tonnes of difficult-to-recover oil reserves until 2020, he added.