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Varyeganneftegaz Group of Companies has increased gas production by 9.3%

26 January 2017

Varyeganneftegaz Group of Companies including Nizhnevartovsk oil and gas producing company and Severo-Varyeganskoe, has increased the volume of gas production by 9.3% compared to results of 2015 to 3.4 bcm by the end of 2016.

Production growth has become possible due to successful implementation of new wells drilling programme and expansion of Van-Yeganskoye Field gas transportation infrastructure.

The company continues active exploration works aimed at significant production volume increase in the medium term.

Varyeganneftegaz Group of Companies has raised the level of associated petroleum gas efficient usage by 97% by the end of 2016. This was facilitated by the extension of the gas transportation system in order to increase gas supplies to consumers and by the development of own electricity generation facilities.

Note for Editors:

Varyeganneftegaz Group of Companies includes three subsidiaries of Rosneft: Varyeganneftegaz PJSC, Nizhnevartovsk oil and gas producing company OJSC and Severo-Varyeganskoe LLC.

Varyeganneftegaz Group of Companies is engaged in the exploration and development of the group of oil and gas condensate fields located in the Khanty-Mansiysk Autonomous District and Western Siberia, and ranks among the biggest producers in the region. Natural-gas recoverable reserves of the Group's fields amount to over 230 bcm.

Rosneft Information Division
January 26, 2017