GAZPROM NEFT TODAY FEBRUARY 2017
ABOUT GAZPROM NEFT
KEY PERFORMANCE INDICATORS 2016 TITLE 1,514 mtoe proven hydrocarbon reserves (SPE(PRMS)) 86.2 mtoe of hydrocarbon production 41.89 mt refining volumes 22.71 mt and 43.59 mt Total sales of oil and petroleum products (respectively) > 65,000 employees throughout the Group 82.5% year-on-year increase of net profit * toe tonne of oil equivalent. A unit of measurement applied to all kinds of hydrocarbons throughout the energy industry ** mt million tonnes 3
GAZPROM TITLE NEFT Leading the market in business performance GAZPROM NEFT STRATEGY 2025 100 mtoe* production volumes 40 mt** refining volumes in Russia 18.5 mt volume of motor fuels sold throughout Russia and the CIS * toe tonne of oil equivalent. A unit of measurement applied to all kinds of hydrocarbons throughout the energy industry ** mt million tonnes 4
2025 STRATEGY Hydrocarbon Production, mboepd 2.00 2.00 2025 Upstream 1.34 1.59 Hydrocarbon 2.0 mboepd Reserves (1P) / production ratio 20 years 2014 2020 2025 2014 2015 2020 2025 Share of International project in total production 10% Depth of refining in Russia, % Downstream 93 95 Refining in Russia Light product yield in Russia 0.80 mbpd 80% 82 82 Depth of refining in Russia 95% 2014 2015 2020 2025 Product output of own refineries sold through premium channels 100% Газпром нефть
COMPARABLE WITH MAJOR O&G PLAYERS Gazprom neft is the 3 th largest oil & gas producer in Russia Reserves life for 1P HC, years* Globally competitive liquid HC reserves, MMBoe Other 16% 18 Rosneft 25.400 17 ExxonMobil 13.713 Tatneft 5% 21 Lukoil 13.594 Rosneft 39% 14 Petrobras 11.117 Surgutneftegas 10% 15 BP 9.817 19 neft 6.413 12% 12 Chevron 6.249 Lukoil 19% 32 12 Shell Tatneft 6.130 6.065 2016 Liquid HC Production, MBoepd 16 13 ConocoPhillips Total 5.489 4.158 1.05 12 Eni 3.226 0.98 1.03 18 12 8 Statoil Bashneft HESS 2.345 2.146 1.117 0.88 10 OMV 616 0.83 11 MOL 200 Source: Company data Газпром нефть
GEOLOGICAL PROSPECTING AND OIL PRODUCTION
GEOLOGICAL PROSPECTING AND PRODUCTION, BY REGION 3 > 80 exploration and production licences throughout Russia* 6 10 5 8 1 2 4 7 9 1. Orenburg Oblast 6. Yamalo-Nenets Autonomous Okrug International projects: 2. Tyumen Oblast 7. Tomsk Oblast Iraq Hungary 3. Nenets Autonomous Okrug 8. Krasnoyarsk Krai Venezuela Romania 4. Omsk Oblast 9. Irkutsk Oblast Bosnia and Herzegovina Angola 5. Khanty-Mansi Autonomous Okrug - Yugra 10. Sakha Republic (Yakutia) Serbia * Excludes joint ventures 8
GAZPROM NEFT S KEY PROJECTS: DELIVERING GROWTH Novy Port video Messoyakha Prirazlomnoye video Began year-round crude shipments from Gulf of Ob terminal ( Vorota Arktiki ). Ground infrastructure completed at Novy Port field Three Arc7 tankers started operations to provide year-round crude exports Started commercial production Began crude oil deliveries to trunk pipeline Obtained export duty tax break Launched power plant with combined 90MW capacity Dispatched 32 oil tankers in 2016 Drilled 3 production and 1 injection wells Commissioned shift camp and water supply system Onshore heliport construction in progress Oil production profile, mt Oil production profile*, mt Oil production profile, mt 8,0 6,0 6,0 6,0 4,0 4,0 4,0 2,0 2,0 2,0 0,0 2015 2016 2017 2018 2019 0,0 2015 2016 2017 2018 2019 0,0 2014 2015 2016 2017 2018 2019 * 100% of project Газпром нефть
REFINING AND SALES
IMPROVING TITLE EFFICIENCY IN OIL REFINING Omsk Refinery 20.5 mt 2016 refining volumes Moscow Refinery 10.7 mt 2016 refining volumes Slavneft-YaNOS 7.5 mt 2016 refining volumes is implementing major modernisation programme throughout its refineries, aimed at increasing the conversion ratio to 95 % and yield of light petroleum products to 80 % by 2025. NIS (Serbia) Mozyr Refinery (Belarus) 3.1 mt 2016 refining volumes 0.1 mt 2016 refining volumes 11
TITLE SALE OF OIL AND PETROLEUM PRODUCTS 22.71 mt Oil sales, 2016 43.6 mt Petroleum products sales, 2016 hgjfjfjg 12
THE TITLE GAZPROM NEFT FILLING STATION NETWORK Sales of petroleum products are one of the fastest-growing areas of Gazprom Neft s business 1 868 filling stations throughout the CIS and Eastern Europe, 6 10.45 mt of filling-station sales throughout Russia and abroad, 2016 7.7 million participants in the On Our Way loyalty programme 19.3 tonnes average daily sales per filling station, Russia, 2016 High-quality, premium-class gasolines 13
TITLE AVIATION REFUELLING Gazpromneft-Aero leads the domestic market in aviation refuelling, with a market share of 26% 235 airports at which the company has a presence 37 directly-owned refuelling complexes 63 countries covered by the company s sales network 14
MARINE TITLE BUNKERING Gazpromneft-Marine Bunker is the leading player in Russia s retail bunkering market, with a market share of 21 percent 2.87 mt of marine fuels sold, 2016 9 vessels in the company s bunkering fleet 34 sea and river ports at which the company has a presence 15
MOTOR TITLE OILS 430,000 tonnes sales of oils and lubricants, 2016 +20 % market share in Russia, 2016 Gazpromneft-Lubricants has production facilities in Russia, Italy and Serbia. The company is fully compliant with international ISO standards ISO 9001:2008, 14001:2004, OHSAS 18001:2007 70 Service stations Company s network of service stations Premium-class motor oils brand 16
BITUMEN TITLE MATERIALS 1,83 mt sales of bitumen products, 2016 100,000 tons sales of premium bitumen products, 2016 31.3% market share in the Russian high-tech bitumen products market, 2015 Nova-Brit LLC (Vyazma) New asset that manufactures of innovative bitumen products New-generation bitumens 17
ECOLOGY TITLE AND THE ENVIRONMENT The responsible use of natural resources is a key area of focus in the company s corporate social responsibility (CSR) policy RUB14.3 billion invested in environmental protection and safety, 2015 Euro-5 Fuels meeting Russia s highest environmental standards, and produced by all facilities. Biosphera Is a new wastewater treatment plant at the Moscow Oil Refinery 18
PJSC Pochtamtskaya ul., d. 3 5 190000, Russia, St Petersburg www.gazprom-neft.com