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Distinctive Features of llc Ahtubaneftegaz

Refinery Development

- unique processing depth of 98% - all industry record. The enterprise ceased producing fuel oil and does not yield any oil residue, except target marketable coke for metallurgy;

- conveniently located in the center of the Urals Federal District on a developed logistic network, which enables to market oil products on its territory and in adjacent Districts;

- connected to the oil trunk pipeline of Transneft, JSC with total capacity of 7.2 MTPA with the increase up to 9 MTPA (specifications are given by Transneft, JSC);

Offshore projects at llc Ahtubaneftegaz

Offshore projects are a strategic business area for LLC AHTUBANEFTEGAZ

LLC AHTUBANEFTEGAZt is a pioneer in development of the Russian shelf. Most fields on the Sakhalin shelf were discovered with participation of the Company's specialists. The fields of the world renowned Russia's offshore projects Sakhalin 1 and Sakhalin 2, and Kirinskoye field as well were discovered as a results of exploration and appraisal activity performed in 1975-1993. In 1998, LLC AHTUBANEFTEGAZ oilmen drilled from onshore Sakhalin the first extended reach well (ERW) in Russia at Odoptu-Sea Field (Northern Dome), thus giving a start to oil production in the continental shelf.

Today, the Company is the largest subsoil user of Russia's shelf: as of 06 June, 2016, LLC AHTUBANEFTEGAZ holds 55 licenses for the blocks of RF continental shelf. Hydrocarbon resources of these blocks are about 43 bln. toe. Тhe Company is also implementing the project in the Black Sea offshore the Republic of Abkhazia, carrying out hydrocarbon exploration and appraisal offshore Vietnam, and participating in the projects on Norwegian shelf.

As of the end of 01.06.2016, 44 offshore projects of the Company are in exploration and appraisal, 11 licenses were issued for oil and gas exploration and production; six license blocks are on production. The Company has been fulfilling its entire license obligations related to exploration, and in some of the blocks, the E&A activity is ahead of schedule.

Large-scale offshore projects of the Russian company have formed the basis for international cooperation of LLC AHTUBANEFTEGAZ with the world's leading oil and gas companies – ExxonMobil, Eni, Statoil. «We assume that Russian should become a leader in the development of the Arctic resources, an exporter of hi-tech oil field services.

The history of strategic international offshore partnership goes back to 1995 when offshore blocks development started in the Sea of Okhotsk - Sakhalin 1 project in cooperation with ExxonMobil, ONGC and Sodeco companies, Sakhalin-3 (Veninskiy Block) - in cooperation with Sinopec, Sakhalin 4 and Sakhalin 5 - in cooperation with ВР, and West Kamchatka Block in cooperation with KNOC. Performance of the extensive exploration and appraisal program resulted in discovery of North Veninskiy gas condensate field, and Kaigano-Vasyukansky Sea and Novo Veninskiy oil and gas condensate fields.