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IFRS FINANCIAL AND OPERATING RESULTS FOR FIRST QUARTER 2013

IFRS FINANCIAL AND OPERATING RESULTS FOR FIRST QUARTER 2013

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INCREASED ASSOCIATED GAS UTILIZATION: 1Q13 VS. Y2012<br />

Associated gas production/utilization, bcm Associated gas production/utilization<br />

1Q13 vs. 1Q12, bcm<br />

55.0<br />

Utilization<br />

Flaring<br />

4.7<br />

1.8<br />

2.8<br />

+1.1 bcm of utilised associated gas<br />

<strong>IFRS</strong> <strong>FINANCIAL</strong> <strong>AND</strong> <strong>OPERATING</strong> <strong>RESULTS</strong> <strong>FOR</strong> <strong>FIRST</strong> <strong>QUARTER</strong> <strong>2013</strong><br />

6.4<br />

2.2<br />

4.2<br />

6.7<br />

1.4<br />

5.3<br />

2011 2012 F<strong>2013</strong><br />

Associated gas utilization, %<br />

60.5<br />

65.7<br />

77.0<br />

79.8*<br />

2010 2011 2012 1Q13 F<strong>2013</strong><br />

* Risk of Rosneft limiting access to pipeline at Priobskoye<br />

66%*<br />

1.6 1.6<br />

0.6<br />

1.0<br />

77%*<br />

Drivers of increased associated gas utilization in<br />

Y<strong>2013</strong> vs. Y2012:<br />

• +0.5 bcm: full-year operation of Noyabrsk<br />

Integrated Gas Utilization project Phase I<br />

(launched October, 2012)<br />

• +0.3 bcm: increased associated gas utilization at<br />

Orenburg assets<br />

• +0.1 bcm: new gas compressor stations on<br />

Vyngapurovskoye and Vyngoyachinskoye fields<br />

0.4<br />

1.2<br />

1Q12 1Q13<br />

* utilization, %<br />

• +0.2 bcm: planned new associated gas utilization<br />

facility at Priobskoye field<br />

13

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