Sergey PANKRATOV Deputy Head of Strategic Development Department

Transcription

1 September 2012 Moscow PROSPECTIVE DEVELOPMENT OF RUSSIAN GAS EXPORT PROJECTS Sergey PANKRATOV Deputy Head of Strategic Development Department 0

2 Gas demand 2030 Share of gas in World energy consumption Gas consumption by region (1) % 5.1 tcm Africa Latin America Europe (2) 3.2 tcm 0.8 Middle East 2030F 26% FSU (3) Asia/Oceania 1.1 North America Natural Gas Other F 1 8,850 kcal /cm, 20 C 2 Including Baltic States 3 Excluding Baltic States 1

3 Global gas balance NORTH AMERICA EUROPE FSU bcm MIDDLE EAST LATIN AMERICA ASIA/ OCEANIA AFRICA Consumption Production 2

4 Gazprom on Export Markets in 2030 PIPELINE LNG EUROPE 32% FSU* 33% NE ASIA 13% WORLD LNG TRADE LNG LNG OTHER MARKETS 14% ** 3 * excl. Russia and Baltic States ** incl. shares in associated companies

5 Strategic tasks of Gazprom s gas business Exploration & Production Transportation & UGS Distribution & Marketing Develop new production regions: Yamal peninsula Eastern Siberia & the Far East Russian continental shelf Prioritize development of fields located close to existing UGSS infrastructure Reconstruction within UGSS Create gas pipelines to transport gas from new production regions Diversify export pipeline routes: Nord Stream South Stream Develop unified gas supply system in the East of Russia Increase UGS capacity Retain current position in the Russian market Gain 32% in the European market Diversify markets by entering into the most promising North-East Asian market (13% market share) Expand LNG business (14% of world production) Note: UGS is underground gas storage, UGSS is unified gas supply system 4

6 Prospective sources of Gazprom s gas production 800 bcm Shtokman Yamal bcm New fields in Nadym-Pur-Taz Eastern Siberia and the Far East F 2030F Eastern Siberia and the Far East Shtokman Project Yamal Megaproject New fields in Nadym-Pur-Taz Currently existing projects 5

7 Nord Stream Vyborg Greyfswald LINE 1 Operational: Since November 2011 LINE 2 Pipe Lay: Completed April 2012 Hyperbaric Tie-Ins: Completed June 2012 Pre-Commissioning: Ongoing Offshore Pipeline Design Capacity Pipeline Diameter Route Length Working Pressure 55 bcma 1220 mm x 2 lines 1224 km 22 MPa 6

8 South Stream PROJECT STATUS May 2011 South Stream presentation in Brussels September 2011 Wintershall Holding (Germany) and EDF (France) joined South Stream as new shareholders. Shareholding structure of South Stream project's offshore section is as follows: Gazprom - 50%, Eni - 20%, Wintershall Holding and EDF - 15% each. October 2011 South Stream Consolidated Feasibility Study has been finalized including feasibility study on the offshore section and feasibility studies on the respective gas pipelines in host countries of Southern and Central Europe 7

9 Development of Gazprom s business in East Siberia and the Far East GAS RESERVES (А+В+С1+С2), bcm Onshore 177 3,756 Offshore - 1,021 (1) Total: 177 4, Including Gazprom s 50% share in Sakhalin-2 project CAPACITY OF GAS TRANSPORTATION SYSTEMS, bcm Sakhalin Khabarovsk Vladivostok (the first start-up complex) - 6 Sakhalin-2 fields LNG plant - 15 Sobolevo Petropavlovsk-Kamchatsky - 1 Total: - 22 LNG CAPACITIES, mm t Sakhalin

10 Disclaimer This presentation has been prepared by OJSC Gazprom (the Company ), and comprises the slides for a presentation to investors concerning the Company. This presentation does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any shares or other securities representing shares in the Company, nor shall it or any part of it nor the fact of its presentation or distribution form the basis of, or be relied on in connection with, any contract or investment decision. No reliance may be placed for any purposes whatsoever on the information contained in this presentation, or any other material discussed at any presentation or on its completeness, accuracy or fairness. The information in this presentation should not be treated as giving investment advice. Care has been taken to ensure that the facts stated in this presentation are accurate, and that the opinions expressed are fair and reasonable. However, the contents of this presentation have not been verified by the Company. Accordingly, no representation or warranty, express or implied, is made or given by or on behalf of the Company or any of its members, directors, officers or employees or any other person as to the accuracy, completeness or fairness of the information or opinions contained in or discussed at this presentation. None of the Company or any of their respective members, directors, officers or employees nor any other person accepts any liability whatsoever for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection therewith. The information in this presentation includes forward-looking statements. These forward-looking statements include all matters that are not historical facts, statements regarding the Company s intentions, beliefs or current expectations concerning, among other things, the Company s results of operations, financial condition, liquidity, prospects, growth, strategies, and the industry in which the Company operates. By their nature, forward-looking statements involve risks and uncertainties, including, without limitation, the risks and uncertainties to be set forth in the prospectus, because they relate to events and depend on circumstances that may or may not occur in the future. The Company cautions you that forward looking statements are not guarantees of future performance and that its actual results of operations, financial condition and liquidity and the development of the industry in which the Company operates may differ materially from those made in or suggested by the forward-looking statements contained in this presentation. In addition, even if the Company s results of operations, financial condition and liquidity and the development of the industry in which the Company operates are consistent with the forwardlooking statements contained in this presentation, those results or developments may not be indicative of results or developments in future periods. The information and opinions contained in this presentation are provided as at the date of this presentation and are subject to change without notice. No person is under any obligation to update or keep current the information contained herein. By attending the presentation you agree to be bound by the foregoing limitations. 11

11 September 2012 Moscow Sergey PANKRATOV Deputy Head of Strategic Development Department Thank you for your attention! 12