20 Aug 2009 19:13

Novatek expects slight increase in gas output in 2009

MOSCOW. Aug 20 (Interfax) - Novatek forecasts a slight increase in gas production in 2009 in comparison with 2008, the company's CEO, Leonid Mikhelson, said during a conference call on Thursday.

"In the second half will we try to maintain at least some of the growth we managed in the first half," he said.

It was earlier reported that the company increased gas output by 5% year-on-year in the first half of 15.7 billion cubic meters.