Are you sure?

LUKOIL ups 2009 gas output growth f'cast to 5%

Russian oil major LUKOIL has raised its forecast for 2009 gas output growth to 5%, up from 3%-4% expected previously, a company spokesman told Reuters.

“We plan growth of 5% (year-on-year) for gas,” he said.

LUKOIL produced 14.2 billion cubic meters of gas in 2008, Russian Energy Ministry data shows (Reuters)