Russ Oil-Gas

MOSCOW. Nov 8 (Interfax) - Gazprom (RTS: GAZP) will start a road show on Monday, November 13 for a new issue of Eurobonds, several financial market sources told Interfax. Credit Suisse and UBS will organize the issue. The issue is expected to be from 700 million to 1 billion euros or U.S. dollars. The bonds are being issued under an euro medium-term notes program totaling $15 billion. Luxembourg-based Gaz Capital S.A. will be the issuer. Gazprom's borrowing program has a cap of 90 billion rubles in 2006. Under the program, the company has already placed two ruble-denominated bonds issues this year for 10 billion rubles and 780 million euros, or 27 billion rubles, in Eurobonds.