1. Development Strategy

Our Mission To offer consumers high quality energy resources, to conduct business... ... business aims to provide the highest aggregate income for shareholders of any Russian oil company, while maintaining its place... ... at the Muravlenkovskoye and Novogodneye fields, and newly purchased assets enabled production to increase to 57.3 mn TOE in 2011... ... diesel fuels, and other petroleum products made by Gazprom Neft refineries, of which the Omsk facility is the largest. I am convinced...

2. Oil refining

Volume of refining, mn t Source: Company data download xls The Company’s... ... 90-95%, and raising the share of light petroleum product output to 77%. Company refineries must also achieve international technology... ... for diesel fuel, and in 2010 YaNOS built a new unit for primary refining of crude oil. The Omsk Refinery has also built Russia’s... ... fuel per month during the peak demand period. The Omsk Refinery also implemented a number of projects in 2011 to improve industrial...