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Gazprom Neft and its subsidiaries are a vertically integrated oil company. Operations are focussed on the exploration, development, production and sale of crude oil and gas, as well as oil refining and the marketing of petroleum products.

Gazprom Neft operates in the largest oil and gas regions in Russia: Khanty-Mansi Autonomous Okrug, Yamalo-Nenets Autonomous Okrug, and Tomsk, Omsk and Orenburg Regions. The Company’s major refining facilities are located in Omsk, Moscow, the Yaroslavl regions, and in Serbia. The Company also has oil production operations outside of Russia in a number of countries including in Iraq and Venezuela.

The Gazprom Neft Group includes about 80 crude production, refinery and marketing companies in Russia and across Europe, which are organized in a vertically-integrated structure. The Company refines more than 80% of the oil it produces which is in terms of value is an optimal level between production and processing.

Gazprom Neft exports to over fifty countries, selling its products through an extensive network of 1,670 petrol stations in Russia, CIS countries, and Europe.

Gazprom Neft is the fifth largest Russian oil company by crude oil production and is ranked in the top twenty globally according to proven hydrocarbon reserves under the SPE (PRMS) classification, with an oil equivalent in excess of 1 billion tonnes.

Gazprom Neft by the numbers *
PRMS (SPE) proven hydrocarbon reserves	1,130 mln toe
Reserve replacement	214 %
Hydrocarbon production (including production by affiliates)	57.3 mln toe
Refining	40.5 mln t
Crude export	16.1 mln t
Petroleum products sales (in Russia)	24.3 mln t
Petroleum products sales (export market)	17.2 mln t
Number of employees	59,000
2011 Net profit	$5.352 bln

* Based on data as of December 31, 2011.