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1. Sales of Petroleum Products
Path: EVENTS 2011 / SALES OF PETROLEUM PRODUCTS

... inRussia, outdated legislation and regulation, and lack ofGovernment support for use ofnatural gas asanautomotive fuel. CNG isenvironmentally friendly and cost efficient. These are key criteria for public transport and commercial transport inlarge... ... starting point and showcase for large-scale use ofnatural gas fuel. Most ofthe potential consumption for CNG isconcentrated inmajor cities, particularly Moscow and St. Petersburg, and could beupto3bn m 3 annually, or10times current consumption...


2. Operating segments
Path: MD&A / FINANCIAL APPENDICES / OPERATING RESULTS / OPERATING INDICATORS & ANALYSIS / Operating segments

... petroleum products. The two segments are interdependent: a part of revenues from one segment is a part of costs in the other. In most cases, market prices for crude oil on the domestic market are hard to calculate due to considerable intra-group turnover within... ... market factors as global oil prices, the costs of transportation and refining, the needs of individual subsidiaries for capital investments, and other factors. Therefore, operating results of either segment considered separately do not necessarily represent...