29 Jan 2024 10:55

Gazprom Neft increased production of hydrocarbons in 2023, growth also planned for 2024 - CEO

MOSCOW. Jan 29 (Interfax) - Gazprom Neft increased production of hydrocarbons in 2023, and the growth will be seen in 2024 too, the company's CEO Alexander Dyukov said on Saturday.

"We increased the [hydrocarbon] production amounts last year. We're also planning to increase production this year. As for oil, it [oil production], will, of course, depend on the OPEC+ quotas for Russia," he said without naming the company's absolute figures of production.

Gazprom Neft budgets the price of oil as named in the Russian Economic Development Ministry's forecast, he said.

The company will maintain investments in 2024 at the level of 2023, he said.