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Gazprom Neft does not change production forecast due to sanctions - CEO

September 20, 2014, 14:41 UTC+3

The production growth will continue

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SOCHI, September 20. /ITAR-TASS/. Gazprom Neft is not changing the production forecast due to the sanctions, the company’s head Alexander Dukov told reporters on Saturday.

“The production growth will continue. The sanctions will not affect our work,” he said. “Certain inconveniences are possible, though nothing crucial.”

“This year, the production will grow,” he said. “The company’s target is 100 million tonnes to 2020.”

This year, Gazprom Neft forecasts the oil production will grow by 1.5%, production of hydrocarbons - by 5.5%

Within eight months 2014, the company produced 33.5 million tonnes of oil.

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