Petroleum Product Exports

Rosneft exported 27.5 mln tonnes of petroleum products in 2009 (including products bought from other producers, but excluding bunkering business), which is 6.1% more than in 2008. Exports accounted for 59.4% of total product sales. The Company delivered 27.2 mln tonnes of products (99% of total exports) to the ‘far abroad’ (non-CIS countries) and 0.4 mln tonnes to CIS countries. Fuel oil was 50% of total product exports, 34% was diesel fuel and 12% was naphtha.

Railroad and combined transport was used for the largest part of product exports (19.0 mln tonnes or 68% of the total). Pipeline transport was used to export 0.85 mln tonnes. Exports by sea from the Tuapse refinery totaled 8.0 mln tonnes.

Rosneft has a number of clear competitive advantages compared with other Russian oil companies as regards export of petroleum products. Two of the Company’s refineries are located directly adjacent to export markets: the Tuapse refinery on the Black Sea coast and the Komsomolsk refinery in the Far East. Rosneft also has its own transshipment capacities at Tuapse and Nakhodka, located near the Company refineries, which significantly improves the efficiency of export deliveries.

Petroleum product export sales