FY 2012 - Investor Relations - NIS

Oil and gas productionOil production dynamics, thou. tons/dayGas production dynamics, million m3/dayResults achieved in the segment of production2011 2012 20112012The total production of crude oil and gas in 2012amounts to 1,693.6 tons of oil equivalent, which is by11% more as compared to 2011. Natural gas productionwas also increased: gas production in 2012 amountedto 672.1 million m3, which is by 9% more as comparedto 2011.1.93.0 1.71.52.5 1.3I II III IV V VI VII VIII IX X XI XIIIIIIIIVVVIVIIVIIIIXXXIXIDomestic oil production (excl. gasolene),thousand tons2012 1,1252011 1,0212010 865+10%2011 2012 ΔDomestic oil and gas production, thousand conditional tons 1,520.6 1,693.6 11%Domestic oil production (excl. gasolene), thousand tons 1,020.5 1,124.8 10%Gas production, million m 3 616.4 672.1 9%Domestic oil production (excl. gasolene),thousand tonsQ4 ‘12 291Q3 ‘12 286Q2 ‘12 273RefiningResults achieved in the refining segmentIn 2012, there was a drop in refining volume by 9% incomparison with the previous year: 2,142 thou. tons wererefined in 2012, as opposed to 2,359 thou. tons in 2011.• Planned overhauls of Pancevo Refinery wererealized in following periods:• February 22nd – April 2nd 2012• June 21st – July 16th 2012• August 30th – October 2nd 2012• Finalizing and testing before commissioning newMHC/DHT facility in Pancevo Refinery• Refining in 2012 is in line with operational plansformed according to market demand for oil andoil derivatives which is also reason for decrease inrefining2009 663Q1 ‘12 274Oil processing including third parties, in thousand tons -9%Oil processing including third parties, in thousand tonsImported crudeDomestic crudeImported crudeDomestic crudeGas production, million m 3 +9%Gas production, million m 3Crude oil toll services for third parties2012 672Q4 ‘12 1731,028 1,1142012 2,142336346Q4 ‘12 6822011 616Q3 ‘12 1691,3669932011 2,359151 190Q3 ‘12 3412010 453Q2 ‘12 1651,960890 72010 2,857307399Q2 ‘12 7062009 322Q1 ‘12 1651,993628 2512009 2,872234 179Q1 ‘12 41370 • Business results analysis Annual report 2012Annual report 2012Business results analysis • 71