JSOC Bashneft VTB Conference Investor Presentation Moscow, October 2011
Disclaimer Certain statements in this presentation may contain assumptions or forecasts with respect to forthcoming events within Bashneft Group. The words expect, estimate, intend, will, could and similar expressions identify…
Bashneft Group Today* Crude Oil Production Oil Refining Marketing Crude oil production in 2010 14.1 mln.tonnes. Nelson Index 8.3 Number of own filling stations as of 1 July 2011 457 Production growth rate in 2010 - +15.6%…
Key indicators for Bashneft Group in 2Q 2011 Indicator 2Q 2011 1Q 2011 , % Macro indicators Urals price, US/barrel 114 102 11,5% Crude oil export duty, US/tonne 447 343 30,3% Operating results Average daily production, thds.…
Reserves as of 1 January 2011 Reserves PRMS reserve base, mln. bbl. 189 fields, of which 162 in operation 3500 Reserve life 29 years Total reserves (SPE/PRMS): 2,947 mln. bbl. 3000 Reserve life 23 years 626 Proved oil reserves…
Trebs and Titov oil fields Long-term growth In February 2011 the Federal Subsoil Agency (Rosnedra) granted Bashneft a license for Trebs and Titov oil fields The area is 2 151 sq km in Nenets Autonomous Area (NAO) Total extractable…
Oil Production Oil production growth rates in 2Q 2011, % Upstream business results 8,0% 7,1% Bashneft remained the Russian oil sector leader by crude 6,0% output growth rates in 2Q 2011. Crude output was 3.738 million 4,0% tonnes,…
Bashneft Group refineries Oil refining capacity 24.1 mln. tonnes per year Refining volume in 2010 21.2 mln. tonnes Average refining depth 86.3% Share of light products in 2010 61.7% Nelson index 8.3 JSOC Ufa Oil refinery JSOC…
Oil Refining Oil refining growth rates in 2Q 2011,% Downstream highlights 16,0% Refining volumes increased by 8.9% q-o-q to 5.437 mln. tonnes 13,5% 14,0% in 2Q 2011 thanks to the favourable macro environment. 12,3% 12,0% 8,9%…
Refinery modernization Petroleum products in 2010 Petroleum products in 2016* Other Other 13,8% 21,6% Gasoline Gasoline 24,4% 26,1% VGO 8,7% Fuel oil 4,5% Fuel oil 13,6% Diesel Diesel 39,5% 47,7% *JSOC Bashneft…
Group sales Export and domestic sales of oil products, mln. Sales results 6,0 tonnes. Total petroleum product sales grew by 22.1% to 5.208 mln. tonnes in 2Q 2011 from 4.267 mln. tonnes in 1Q 2011, and 5,0 product exports rose by 23.4%…
M&A activity in retail network Bashneft retail network after acquisition Bashneft acquires 94% of capital stock of JSC Partner filling Orenburgnefteprodukt in April 2011 stations 27% Own filling stations Orenburgnefteprodukt has 16…
Strategy (to 2013) and Current Objectives Creating a vertically Expand upstream business to match downstream through organic growth and acquisitions integrated oil Improve corporate governance and organization, increase ownership…
Loading...
