Gazprom Posts Data on Consumer Debts

In 2002, debts of Russian gas consumers to the Gazprom gas holding have gained 10-15 percent on average and have reached RUR45bn (about $1.42bn), a member of the company's executive board, Alexander Ananenkov, reported to journalists at 'The Russian Oil and Gas Week' event today. According to him, alongside with debtors, there are institutions, which are able to pay more for the gas they consume than they do now. For example, they are energy and metal companies.

As for planned gas production, Ananenkov pointed out that in 2002, it would be 520 billion cubic meters. According to him, Gazprom will reach the planned production level this year.

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