KYIV, Oct 20 – Naftogaz Ukrayiny sets itself the task of increasing natural gas production in the next 10 years by 80% from the current about 13 billion cubic meters (bcm) to 24 billion cubic meters, CEO Yuriy Vitrenko said during the Ukrainian Gas Investment Congress held in Kyiv.

According to him, it is advisable to develop gas production both onshore and offshore at a production cost of up to $ 160 per 1,000 cubic meters, while Naftogaz has projects cheaper than this cost.