PLANS FOR 2015

PRODUCTION AT MATURE FIELDS

  • Commissioning of three new fields with total initial recoverable reserves of 14.5 mn t (Yuzhno-Pudinsky license area, Vostochno-Moginskoye and Valyntoiskoye fields)
  • Production growth dynamics exceeding the 2014 level
  • Increased operational efficiency and rapid response to changes in the macro environment

IMPLEMENTATION OF MAJOR PROJECTS

  • Completion of installation and preparation of terminal for the start of year-round oil shipments at Novoportovskoye field
  • Commissioning of the Yaro-Yakhinskaya Complex Gas Treatment Plant (capacity of 7 bn m3/g) and the Urengoy Complex Gas Treatment Plant (capacity of 14 bn m3/g) for the full treatment cycle
  • Prirazlomnoe and Badra – continuation of production drilling and increasing extraction

REFINING

Omsk Oil Refinery

  • Completion of pre-design documentation and the start of construction on the following facilities:

    • deep oil refining complex
    • atmospheric vacuum desalting unit
    • delayed coking unit

Moscow Oil Refinery

  • start of work under an EPC contract for a complex gas treatment plant

PREMIUM SALES CHANNELS

  • continued development of the filling station network: acquisition of 21 stations, construction of 12 stations and rebranding of three stations (excluding Europe)
  • Continued development:

    • for jet fuel – FCs network;
    • for bunkering – a terminal network and own fleet;
    • for motor oils – production modernization and diversification;
    • for bitumen – access to target markets.