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The Company's reserves are located both in traditional petroleum regions (Southern European Russia, Western Siberia, and Central Russia) and new promising regions (Eastern Siberia, Far East, and Timan-Pechora).
Rosneft lays a special emphasis on the optimal scope of exploration & appraisal activities and improvement of their efficiency to achieve replacement of commercial hydrocarbon reserves and ensure sustainable production growth in the mid- and long-term perspective.
Rosneft incorporates twelve fully consolidated subsidiaries specializing in production and development of the fields located in Western and Eastern Siberia, Timan-Pechora, Central Russia, Southern European Russia and Russian Far East.
One of the most important strategic objectives of Rosneft is to ensure continuous Downstream development. The Company's main goal in this area is to increase sales of high quality, high-added value products directly to end consumers.