IFRS FINANCIAL AND OPERATING RESULTS FOR FIRST QUARTER 2013
IFRS FINANCIAL AND OPERATING RESULTS FOR FIRST QUARTER 2013
IFRS FINANCIAL AND OPERATING RESULTS FOR FIRST QUARTER 2013
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INDUSTRY-LEADING GROWTH IN HYDROCARBON<br />
PRODUCTION <strong>FOR</strong> 1Q13<br />
180<br />
175<br />
170<br />
165<br />
160<br />
155<br />
150<br />
Group average daily hydrocarbon<br />
production, ktoepd<br />
1Q12 2Q12 3Q12 4Q12 1Q13<br />
Average daily production increased Q-o-Q due to:<br />
• Implementation of horizontal drilling technology, including horizontal<br />
drilling with multi-stage hydrofracs<br />
• Dual-leg horizontal drilling<br />
• Higher natural gas production and improved associated gas<br />
utilization due to:<br />
• Muravlenkovskoye project extension<br />
• Noyabrsk integrated gas utilization project phase I<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 />
Peer comparison: hydrocarbon<br />
production in Russia increase<br />
1Q13 vs. 1Q12<br />
Gazprom Neft<br />
Rosneft<br />
Surgutneftegas<br />
TNK-BP<br />
Lukoil<br />
-1.5%<br />
-0.6%<br />
-0.2%<br />
2%<br />
Source: Central Control Administration of the Fuel and Energy<br />
Complex<br />
Note: Production numbers exclude share in JV and international<br />
production<br />
4.7%<br />
9
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