1. Key Risk Factors

Risk management has become an integral part of the corporate environment of Gazprom Neft, by virtue of the... ... rates increase from year toyear, creating additional costs for the Company. The Company takes various steps to mitigate such risks:... ... which aim toexpand its production geography. Byenteringblems innation states where the Company has assets; which may lead... ... and local taxes, including value-added tax, corporate income tax, mineral extraction tax, corporate property tax and land tax...