Rosneft supplies natural gas, dry stripped gas, and associated petroleum gas to consumers in Russia and abroad.
Associated petroleum gas is processed at the Company’s own gas processing plants and by third parties, such as SIBUR Holding and Surgutneftegas.
Under the contact with Gazprom, we use its transportation system to supply the bulk of natural and dry stripped gas to end-consumers and regional sales companies in almost 40 Russian regions. On international markets Rosneft mainly sells natural gas in Egypt and Vietnam.
In 2019, Rosneft’s domestic natural gas deliveries were 59.92 bcm while sales amounted to RUB 200.4 bln.
The Sverdlovsk Region remains our key region in terms of gas sales. Our supplies cover approximately 82% of local gas demand from both industrial facilities and residents.
International gas deliveries amounted to 4.85 bcm, with the bulk of the product coming from the Zohr field.
In 2019, gas sales grew by 10.7% to RUB 258.8 bln mainly due to increased exports and a 1.4% indexation of gas prices for industrial consumers from 1 July 2019.
To maximise gas monetisation, Rosneft has developed a commodity transport flow optimisation system used for calculating the operational gas balance.
We continued trading in natural gas at the St Petersburg International Mercantile Exchange (the exchange launched gas trading in 2014). In 2019, we sold 0.06 bcm, which represents 0.5% of the total trading volume.