2.1 Business Model
ROSNEFT BUSINESS MODEL ENSURES SHAREHOLDER WEALTH GROWTH, USING THE COMPANY’s COMPETITIVE ADVANTAGES
Competitive advantages and investment appeal:
- First-class resource base in the Russian Federation;
- The largest public oil producer;
- Efficient monetization of gas resources;
- Integrated oil-and-gas business model;
- Diversified sales channels and growing share of long-term contracts;
- Perspective offshore resource base in Russia and international business expansion opportunities;
- Strategic development of oil service and infrastructure;
- Costs control and high business efficiency.
ROSNEFT CRUDE OIL, GAS AND OIL PRODUCTS BALANCE
* Production per subsidiaries and proportionally consolidated entities.
** Difference between oil, petroleum products and gas resourses and sales volumes is due to utilization of the such resourses for the own needs, in-group supplies as well as changes in reserves volumes and technological losses.