19 Nov 2009 17:02

Gazprom Neft management board increases to 10 members

MOSCOW. Nov 19 (Interfax) - The board of directors of Gazprom Neft has appointed Vladislav Baryshnikov to the management board as deputy general director for international business development, the company said in a statement.

The appointment increases the number of management board members to 10 from nine previously.

The board of directors also heard reports on the company's refining and petroleum product retailing strategy to 2020.

Gazprom Neft's growth strategy calls for boosting annual crude oil production to 100 million tonnes a year by 2020. Oil refining will rise to 70 million-80 million tonnes a year and the retail network will expand to 5,000-5,500 filling stations. Annual product sales at company-owned filling stations is targeted to rise to 12 million tonnes a year.