Oil and gas sales
Oil sales increased by 36.7% in 2016 compared with 2015 to 22.71 million tonnes, in particular:
- the growth in exports to non-CIS countries is attributable to increased oil production at the Novoportovskoye and Prirazlomnoye fields and the start of production at the Messoyakha field;
- the growth in international sales is the result of increased production in Iraq;
- the higher sales in the Russian Federation is due to the improved efficiency of trading operations on the domestic market and increased production in the Orenburg region;
- the reduction in exports to the CIS is attributable to a reduction in the schedule for oil supplies to the Republic of Belarus.
International sales refer to gas sales by Gazprom Neft’s foreign subsidiaries.
1 International sales refer to sales by Gazprom Neft’s foreign subsidiaries.