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Russia's Gazprom plans to launch Kovykta gas field in December

FILE PHOTO: FILE PHOTO: A Gazprom sign is seen on the facade of a business centre in Saint Petersburg

MOSCOW (Reuters) - Russian gas giant Gazprom said on Monday that it expects to launch the giant east Siberian Kovykta field, crucial to its plans to boost gas sales to China, in the second half of December.

The company also said that it sees its reserves replacement ratio exceeding 100% this year, suggesting it will add more reserves than it will use up.

(Reporting by Reuters; Editing by Jan Harvey)