MOSCOW, December 9. /TASS/. Oil major Rosneft can become Russia’s second largest gas producer in the mid-term, the company said in a statement quoting its CEO Igor Sechin.

“In the last two years Rosneft has established a massive gas business, has become Russia’s third largest gas producer, built effective gas marketing, tripled its production and formed a competitive portfolio of gas projects. We see the potential of becoming Russia’s second largest gas producer in the mid-term,” Sechin said.

He also said the Rosneft sees implementation of effective mechanisms for monetizing oil and gas reserves, including the development a long-term resource supply system, as its priority.