ALL GAZPROM NEFT SITES CONTACTS RU COMPANY PRODUCTS AND SERVICES INVESTORS NEWSROOM SOCIAL RESPONSIBILITY CAREERS TENDERS NEWSROOMGLOSSARY GLOSSARY 0 — 9 A — C D — F G — I K — M N — P Q — S T — V X — Z 2D, 3D Seismic exploration. AC Authorized capital. ADR of JSC Gazprom Neft American depositary receipt issued on shares of JSC Gazprom Neft. 1 ADR equals five ordinary shares of JSC Gazprom Neft. APG Associated petroleum gas. Asia Pacific The Asia-Pacific region. This includes the nation states of continental Asia, the Americas and the Pacific Rim. Associate company, associate A company in which Gazprom Neft Group holds at least 20% of voting shares (for a joint-stock company) or 20% of registered capital (for a limited liability company). Baltic States Estonia, Latvia and Lithuania. BOE Barrels of oil equivalent. Catalytic cracking Thermal catalytic refining of petroleum fractions to produce high-octane gasoline. Central Asia Kazakhstan, Kyrgyzstan, Tajikistan,Turkmenistan and Uzbekistan. CIS Commonwealth of Independent States: all former Republics of the USSR, except Estonia, Latvia and Lithuania. Coking Refining of liquid and solid fuels by heating them in the absence of air. As the fuel decomposes, it produces solid coke and volatile particles. CP Civil Protection. CS Compressor station. DOLLARS U.S. dollars. DTS Digital trading site. EBITDA Net profit before interest, tax, depreciation and amortization. EU The European Union. FCF (FREE CASH FLOW) Free cash flow FEC Fuel and energy complex FFMS of Russia Federal Service for Financial Markets FFS Fuel filling station. FTS of Russia Federal Tariff Service Gas processing plant Gas and/or condensate refining plant. Gazprom Neft Group, the Group, Gazprom Neft All companies of the Group that comprise JSC Gazprom Neft (the parent company) and its subsidiaries. GD (GOSUDARSTVENNAYA DUMA) The State Duma. GEO Geological and engineering operations. Geological survey Geological surveying for exploration purposes. HSE Health, safety, & the environment. Hydrocarbon reserves in categories A+B+C Explored reserves according to the Russian classification. Represents the part of geological reserves that it would be economically efficient to extract at the date of the estimate, based on the market situation and rational use of modern equipment and technologies, and taking into account requirements for the protection of mineral deposits and the natural environment. Explored reserves of gas in categories А+В+С1 are viewed as fully recoverable. For reserves of oil and gas condensate, an extraction coefficient based on geological and technical factors is used. Hydrocarbon reserves in categories С1+С2 Category С1 represents reserves of oil and gas proven to exist in standalone wells, with favorable industrial and geological data for other wells. Category С2 represents reserves of oil and gas, the existence of which is suggested by geological and geophysical information within known gas-producing areas. Reserves of category С2 are preliminary estimates that are used to plan detailed survey work at specific fields. Hydrocracking A cracking technique used in refining of crude oil fractions with a high boiling point, fuel oils or tar oil to make gasoline, diesel fuel and jet fuel, lubricant oils etc. Hydrotreatment Purification of petroleum products to remove organic sulphuric, nitric, and oxygen-based compounds using molecules of hydrogen. Hydro treatment improves the quality of petroleum products. ISO 14001 Standard International standard for environmental protection that sets requirements for environment management quality and is used to work out legally compliant environmental policies. The standard regulates environmental aspects of corporate activities that are controllable and require monitoring. This is a voluntary standard that does not supersede legislated requirements. ISRM Information system of risk management. KhMAD Khanty-Mansiysk AD (KhMAD) Khanty-Mansi Autonomous District — Yugra. LHG Liquefied hydrocarbon gases LNG Liquefied natural gas LTIFR The LTIFR is the number of injuries relative to the total number of hours worked multiplied by 1 million. M3 Cubic meter of natural gas, measured at the pressure of one atmosphere and temperature of 20°С. MET Mineral extraction tax MICEX Moscow Interbank Currency Exchange. MIP Medium-term investment program. MNPZ Moscow Refinery. Netback Selling price less shipping and handling. non-CIS countries Foreign countries with the exception of CIS and the Baltic states. NPZ Refinery. OC Oil Company. OE Oil equivalent. OGCF Oil and gas condensate field. ONPZ Omsk Refinery. OPSC Oil products supply companies. ORF Oil recovery factor. OSH Occupational safety and health. PBM Polymer-bituminous binding materials. POE Protection of environment. POL Petroleum, oil and lubricants. Possible reserves Unproven reserves, which are less likely to be extracted than probable reserves, based on the analysis of engineering and geological data. There must be at least 10% probability that actual production will be equal to or more than the estimate of proven, probable and potential reserves. Primary refining Crude oil distillation using atmospheric vacuum devices. Crude oil enters the distillation columns to undergo an atmospheric pressure distillation process, which splits it into a number of fractions: light and heavy gasoline fractions, kerosene fraction, diesel fraction, and fueloil as a residue. The quality of the obtained fractions does not meet standards for marketable petroleum products, so the fractions must undergo further(secondary) refining. PRMS and SEC international standards International classification and estimate of hydrocarbon reserves by the standards of the Petroleum Resources Management System (PRMS) and US Securities and Exchange Committee (SEC). These standards include not only the estimate of hydrocarbon reserves, but also provide the estimate of the commercial practicability of extraction and the justifiability of its availability. The period of economically viable reserve development (period of validity of the development licence) is taken into account as well. Probable reserves Unproven reserves, which are most likely to be extracted based on the analysis of engineering and geological data. There must be at least a 50% probability that actual production will be equal to or greater than the estimate of proven and probable reserves. Prospecting and exploration drilling All prospecting and exploration drilling carried out during the reporting period, including total distance drilled in wells, which have been fully drilled or are in the process of being drilled, but will be completed in the next reporting period. Proven reserves Quantities of liquid, gaseous and solid hydrocarbons, which, according to engineering and geological information, are most likely to be produced by industrially available methods from known deposits starting from a specific date, under the existing economic conditions, with generally accepted operating techniques, and in compliance with applicable effective national regulations. PSA Production sharing agreement. PSD Pilot-scale development. PSE Pilot-scale exploitation. PST Pilot-scale test. R&D Research and development. Refining depth A refining indicator defined as the percentage ratio of obtained petroleum products, not including bulk fuel oil, to the original quantity of crude oil. Measured in %. Refining output capacity Maximum possible output by a plant unit in a specific period. RF Russian Federation. RTS Russian Trading System (stock exchange). SC Squeeze cementing. SCRCM State Commission for Reserves of Commercial Minerals. SILCO (SIBERIAN LIGHT) Siberian light crude oil. STC CJSC Science-Intensive Technologies Center. Subsidiary Subsidiaries and Affiliates. TCF t. Tonne of conventional fuel (carbon equivalent), equals 877 m3 of natural gas. VAT Value added tax. VIOC Vertically integrated oil company. Yamal-Nenets AD (YaNAD) Yamal-Nenets Autonomous District. YANOS Yaroslavl Refinary Slavneft-ANOS. PRINT VERSION SHARE Tools EXPAND © 2006-2015 JSC «Gazprom Neft» SITE INFORMATION Terms of use Cookies Site map CONTACTS Filling station Help Center Where we work Feedback DISCLOSURE Disclosure of consolidated subsidiares Disclosure for insiders and AD-HOC releases USEFUL LINKS Filling station locator Fuel cards LPG/CNG Glossary