2 ANALYST DATABOOK IN THE WORLD IN THE WORLD ANALYST DATABOOK 3 Belarus Ukraine Poland Baltics RUSSIA Czech Republic Moldova USA Colombia Romania Serbia Bulgaria Turkey Cyprus Georgia Egypt Uzbekistan Azerbaijan Iran Iraq Saudi Arabia Exploration Exploration & Production Exploration, Production, Refining & Marketing Marketing Refining & Marketing
4 ANALYST DATABOOK IN THE WORLD Corporate Structure (2003) Oil & Gas Production Oil Refining and Gas Processing Petroleum Product Marketing Timan-Pechora Nizhny Novgorod Refinery Nizhnevolzhsknefteproduct R U S S I A -Komi Arkhangelskgeoldobycha Urals -Permneft -Perm Western Siberia -Western Siberia Volga Perm Refinery Volgograd Refinery Ukhta Refinery Lokosovsky Gas-processing Plant Usinsky Gas-processing Plant Korobkovsky Gas-processing Plant Permnefteproduct Cheliabnefteproduct Severnefteproduct Centrnefteproduct Vologdanefteproduct Nizhnevolzhskneft Other RITEK Permneftegaz Gas-processing Plant Stavrolen Severo-Zapadnefteproduct Yugnefteproduct Kaliningradmorneft Saratovorgsintez Uralnefteproduct Bulgaria LITASCO Karachaganak * Kumkol * -Neftokhim Burgas -USA I N T E R N A T I O N A L Tengiz Egypt WEEM * Meleiha * North-East Geisum and West Geisum * Iraq West Qurnah-2 * Iran Anaran * Colombia Condor * Romania Petrotel- -Bulgaria -Baltics -Downstream (Romania) -Moldova -Poland -Belarus -Azerbaijan -Cyprus Azerbaijan Zykh-Govsany Yalama * Ukraine Odessa Refinery -Prague -Belgrade Shakh-Deniz * LUKOR -Georgia * Overseas Holdings.
IN THE WORLD ANALYST DATABOOK 5 today is: 1.5% of global oil reserves and 2.1% of global oil production Proven hydrocarbon reserves of major international private oil companies (01.01.04), bln boe 0.4% of global gas reserves 0.2% of global gas production 21.2 20.1 The largest private oil company worldwide by proven reserves of crude oil The 2 nd largest private oil company worldwide by proven reserves of hydrocarbons The 6 th largest private oil company worldwide by production of hydrocarbons 18.1 16.0 14.5 12.0 11.0 7.8 11 th by net profit among the world's top-100 private and state oil companies 24 th by sales among the world's top-100 private and state oil companies 5.2 7.1 0 8 16 24 21 st by assets among the world's top-100 private and state oil companies The most liquid Central and Eastern European security issuer on the London Stock Exchange Hydrocarbon production by major international private oil companies (2003), mln boe per day 1.1 1.6 operates in 27 countries: 1.6 carries out geological exploration in 8 countries 1.7 has proven hydrocarbon reserves in 4 countries 1.7 2.5 produces oil & gas in 3 countries 2.5 produces petroleum products in 4 countries produces petrochemical products in 2 countries sells petroleum products in 17 countries 3.6 3.9 4.2 0 1 2 3 4 5
6 ANALYST DATABOOK IN THE WORLD Regional distribution of global oil reserves (01.01.2003) Other (10%) China (2%) Mexico (1%) USA (3%) Russia (6%) OPEC countries (78%) Proven oil reserves of major international private oil companies (01.01.04), bln barrels Oil Reserves carries out geological exploration in 8 countries has proven oil reserves in 4 countries Proven oil reserves of Group amount to 15.98 bln barrels as of January 1, 2004 Group represents 1.5% of global oil reserves as of 1 January, 2004 Share of Group in global oil reserves increased by more than 1.5 times from 1 January, 1999 to 1 January, 2004 Share of Group in global oil reserves, % 16.0 1.6% 15.0 1.5% 1.4% 12.0 1.3% 10.0 1.2% 8.6 1.1% 7.3 6.6 1.0% 0.9% 5.2 4.1 1.9 0 4 8 12 16 is the largest private oil company worldwide by proven reserves of crude oil is among leading companies by the average annual pace of growth of proven oil reserves Countries where has oil reserves Average annual pace of growth of proven oil reserves (1999-2003) 9.1% Russia Azerbaijan «Big 10» * 4.8% Egypt World 0.1% 0% 5% 10% * 10 major international private oil companies.
IN THE WORLD ANALYST DATABOOK 7 Gas Reserves carries out geological exploration in 8 countries has proven gas reserves in 3 countries Regional distribution of global gas reserves (01.01.2003) Asia (8%) Africa (8%) North America (5%) South America (4%) Other (8%) Proven gas reserves of Group amount to 24.48 tcf as of January 1, 2004 Group represents 0.4% of global gas reserves as of 1 January, 2004 Share of Group in global gas reserves increased by more than 14 times from 1 January, 1999 to 1 January, 2004 Russia (31%) Middle East (36%) Share of Group in global gas reserves, % Proven gas reserves of major international private oil companies (01.01.04), tcf 0.5% 0.4% 46.5 54.8 0.3% 44.9 0.2% 24.5 0.1% 22.3 0.0% 20.2 19.9 is the 4th largest private oil company worldwide by proven gas reserves is among leading companies by the average annual pace of growth of proven gas reserves Countries where has gas reserves 18.0 16.1 7.9 0 20 40 60 Average annual pace of growth of proven gas reserves (1999-2003) Russia 71.0% Azerbaijan «Big 10» * 4.8% World 1.4% 0% 25% 50% 75% * 10 major international private oil companies.
8 ANALYST DATABOOK IN THE WORLD Regional distribution of global oil production (2002) Mexico (5%) Canada (4%) Other (23%) China (4%) Norway (4%) USA (11%) Oil Production produces crude oil in 3 countries Subsidiaries and affiliates of Group produced 81.5 mln tons of crude oil in 2003 Group represented 2.1% of global crude oil production in 2003 Russia (11%) OPEC countries (38%) Share of Group in global oil production increased by more than 1.2 times from 1999 to 2003 Oil production by major international private oil companies (2003), mln barrels per day Share of Group in global oil production, % 2.2% 2.5 2.0% 2.4 2.1 1.8% 1.8 1.7 1.6% 1.6 1.0 1.0 1.6 is the 6th largest private oil company worldwide by production of crude oil is among leading companies by the average annual pace of oil production growth 0.6 0 1 2 3 Countries where produces crude oil Average annual pace of oil production growth (1999-2003) Russia 6.9% «Big 10» * 3.9% Egypt World 1.6% 0% 4% 8% * 10 major international private oil companies.
IN THE WORLD ANALYST DATABOOK 9 Gas Production produces gas in 2 countries Subsidiaries and affiliates of Group produced 5.7 bcm of gas in 2003 Group represented 0.2% of global gas production in 2003 South America (4%) Africa (5%) Asia (12%) Middle East (9%) Regional distribution of global gas production (2002) North America (29%) Share of Group in global gas production increased by more than 1.3 times from 1999 to 2003 Russia (23%) Other (18%) Share of Group in global gas production, % 0.22% Gas production by major international private oil companies (2003), mln boe per day 0.20% 0.1 0.1 0.18% 0.5 0.6 0.16% gas production currently lags that of other privately owned international majors, but the Group is placing high priority on gas production development is among leading companies by the average annual pace of gas production growth Countries where produces gas 0.6 0.7 0.8 1.4 1.5 1.7 0 1 2 Russia Average annual pace of gas production growth (1999-2003) 9.9% «Big 10» * 6.6% World 2.5% 0% 5% 10% * 10 major international private oil companies.
10 ANALYST DATABOOK IN THE WORLD Regional distribution of global refinery capacities (01.01.04) Refining Africa (4%) Middle East (8%) Russia (7%) Asia (26%) has refineries in 4 countries Refinery capacities of as of 1 January, 2004 amount to 59 mln tons per year which is 1.4% of the global refinery capacities Europe (23%) South America (8%) North America (24%) Refinery throughputs of amounted to 42.3 mln tons of crude in 2003 which is 1.2% of global refinery throughputs Refinery throughputs of increased by 1.5 times from 1999 to 2003 while its share in global refinery throughputs increased by 1.4 times Regional distribution of global refinery throughputs (2002) Africa (3%) Middle East (9%) Russia (5%) Asia (27%) Share of Group in global refinery throughputs, % 1.3% 1.1% Europe (23%) 0.9% South America (7%) North America (26%) 0.7% Refineries of Group Ukhta Kstovo Perm Odessa Uray Kogalym Ploiesti Volgograd Burgas
IN THE WORLD ANALYST DATABOOK 11 Oil Exports exported 37.7 mln tons of crude oil in 2003 which is 2% of global oil exports Share of Russia in global oil exports, % 11% Sources of global oil exports (2002) Other (43%) Russia (10%) 10% 9% OPEC countries (47%) 8% 7% Share of Group in global oil exports increased by more than 1.2 times from 1999 to 2003 Share of Group in global oil exports, % 2.1% Share of Group in global oil exports (2003) (2.0%) 1.9% 1.7% Other world (98.0%) 1.5% Main routes of oil exports Poland Germany Gdansk Butinge Primorsk Czech Republic Slovakia Odessa Hungary Novorossiysk Tuapse
12 ANALYST DATABOOK IN RUSSIA Share of Group in Russian oil reserves (01.01.04) (20%) today is: The 1 st company in Russia by proven oil reserves 20% of Russian oil reserves 18.7% of Russian oil production Other companies (80%) 16.2% of Russian refinery capacities Share of Group in Russian oil production (2003) (18.7%) 18.9% of Russian refinery throughputs 19.5% of Russian oil exports 17.4% of Russian petroleum product exports Other companies (81.3%) The major Russian oil business group with annual turnover of over $20 bln Share of Group in Russian oil exports (2003) (19.5%) The most liquid oil stock and second most liquid stock overall on the Russian Trading System A leader among Russian oil companies for openness and transparency. The first Russian company to receive full listing on the London Stock Exchange Other companies (80.5%) The only private Russian oil company whose share capital is dominated by minority stakeholders Share of Group in Russian refinery capacities (01.01.04) (16.2%) Share of Group in Russian refinery throughputs (2003) (18.9%) Share of Group in Russian petroleum product exports (2003) (17.4%) Other companies (83.8%) Other companies (81.1%) Other companies (82.6%)