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8<br />

Exploration &<br />

Production<br />

Develop new production<br />

regions:<br />

– Yamal peninsula<br />

– Eastern Siberia & the<br />

Far East<br />

– Russian continental<br />

shelf<br />

Prioritize development of<br />

fields located close to<br />

existing UGSS<br />

infrastructure<br />

Note: UGS is underground gas storage<br />

UGSS is unified gas supply system<br />

Strategic tasks of gas business<br />

Transportation & UGS<br />

Reconstruction within<br />

UGSS<br />

Create gas pipelines to<br />

transport gas from new<br />

production regions<br />

Diversify export pipeline<br />

routes:<br />

– Nord Stream<br />

– South Stream<br />

Develop unified gas<br />

supply system in the<br />

East of Russia<br />

Increase UGS capacity<br />

Distribution &<br />

Marketing<br />

Retain current position in<br />

the Russian market<br />

Gain 32% in the<br />

European market<br />

Diversify markets by<br />

entering into the most<br />

promising North-East<br />

Asian market (13%<br />

market share)<br />

Expand LNG business<br />

(14% of world production)<br />

Strategy - Investor Day 2012

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