Core Business and Operating Geography

Gazprom Neft’s core business areas are the exploration, development, production and sales of crude oil and gas, as well as the production and sale of petroleum products.

The Company operates in Russia’s largest oil- and gas-producing regions: the Khanty-Mansiysk and Yamalo-Nenets Autonomous Districts, the Tomsk, Omsk, Tyumen, Irkutsk and Orenburg Regions, and the Republic of Sakha (Yakutia).

The Company’s main refining facilities are located in Omsk, Moscow and Yaroslavl Regions, and also in Serbia. Gazprom Neft’s international assets include companies in Serbia, Italy, and Austria. The Company is implementing production projects in Iraq, the Iraqi Kurdish Autonomous Region, and Venezuela.

The Company sells oil and petroleum products in Russia and abroad to wholesale customers and through filling stations.