Harnessing the Energy of the Far North Mark Gyetvay, Deputy Chairman of the Management Board Bank of America Merrill Lynch, Oil & Gas Conference 2015 The Grove, UK 15-16 April 2015
Fields and License Areas Producing fields: 1. Yurkharovskoye field 2. East-Tarkosalinskoye field 3. Khancheyskoye field 4. Olimpiyskiy license area 5. Yumantilskiy license area 6. Samburgskiy license area 7. North-Urengoyskoye field 8.…
Leveraging Our Core Business Strengths Organic growth platform based on ample reserves Simple and transparent Compelling business case, group structure robust model, clear strategy High standards of corporate Strong…
Positions in the World Proved gas reserves as at 31.12.10 (SEC), bcm Proved gas reserves as at 31.12.14 (SEC), bcm Gazprom 18,992 Gazprom 18,941 ExxonMobil 2,232 ExxonMobil 1,963 Petrochina 1,855 Petrochina 1,963 Shell 1,335…
SEC Proved Reserves Reserve replacement ratio in 2014 109% (152% on the organic basis) mmboe 694 12,537 12,578 12,578 12,578 12,578 (196) (457) Liquids Arcticgas (-4.9%) 9% 26% Others North-Khancheyskoye+ Khadyryakhinskoye,…
Development of Production Capacities in 2014 Planned Actual completion Annual capacity timing First stage launched in April 2014, Launching two stages Q2 2014 production restarted at limited capacity in of the Urengoyskoye first…
Monetizing Our Resource Base 12M 2014 PRODUCING FIELDS Natural gas by pipeline 100% TO DOMESTIC MARKET 67.2 bcm Separation and treatment Unstable gas condensate by pipeline Crude oil by PUROVSKY PLANT (11 mmtpa) UST- LUGA…
Yamal LNG Project Project for construction of an LNG plant on the Yamal Peninsula: Shareholders 2P PRMS gas reserves of the South-Tambeyskoye onshore conventional field at 31.12.14 - 926 bcm Total 20% Liquefaction capacity - 16.5…
Unrivalled Resource Potential of the Yamal Peninsula 13
Drilling Program Onshore Conventional Gas Five out of 19 well pads prepared for drilling Three rigs on-site 27 production wells drilled out of 58 wells required for the first train, of which 24 wells tested and confirmed…
Selected Contractors Contract Equipment Contractor signed EPC Technip/JGC/Chiyoda 1. Cryogenic Heat Exchangers APCI 2. Turbine Cryogenic Compressors General Electric 3. Boil-Off Gas Compressors Siemens 4. Integrated Control &…
Construction Works Sea port First landing at the airport Well pad LNG tanks 16
LNG Transportation Routes from the Yamal Peninsula All year round to Europe and Latin America During Summer to Asia During Winter to Asia Average number of days 8 Trans- 8 shipment 12 14 25 18 26 32 36 17
ARC7 Ice-Class LNG Carriers 15-16 ice-class tankers required for the project Slot reservation agreement concluded Shipping tender finalized Orders for the first 10 tankers placed by the shipping companies Steel cut for the…
Key Project Advantages Low-cost, long-lived feedstock Large onshore conventional reserve base with high concentration of reserves Well known geology and proven development technologies Very low F&D and lifting costs Convenient…
Appendix
Financial Summary 12M 2014 (RR million) 2014 2013 +/(-) +/(-)% Oil and gas sales 355,673 297,499 58,174 19,6% Total revenues 357,643 298,158 59,485 20,0% Operating expenses (236,512) (192,761) (43,751) 22,7% EBITDA of subsidiaries…
Natural Gas Sales Gas Sales Breakdown 100% 90% 80% ST.PETERSBURG 2013 2014 70% 1,293 1,180 VOLOGDA REGION YAMAL-NENETS AUTONOMOUS REGION 60% 2013 2014 2013 2014 2,248 2,395 7,882 4,765 50% PERM REGION…
Questions and Answers Contact details: NOVATEKs Investor Relations Mark Gyetvay, Deputy Chairman of the Management Board Alexander Palivoda, Head of IR Tel: +7 (495) 730-6013 Email: irnovatek.ru Website: www.novatek.ru