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Rosneft ahead of a number of global majors in hydrocarbon production growth in 2021

The production of liquid hydrocarbons by Rosneft in 2021 exceeded the level of 2020 by 2.3%. At the same time, Exxon cut production by 1.3% in 2021, Shell - by 4.4%, and Chevron's hydrocarbon production growth was only 0.6%.

As for gas production, the average daily gas production by Rosneft in 2021 increased by 15.9%. The volume of gas production in 2021 amounted to 64.75 billion cubic meters. m, which is 3.1% higher than in 2020. The average daily figure reached 177.4 million cubic meters. m per day. The positive dynamics is due to the increase in natural gas production at the Rospan project, an increase in sales of gas produced at the Zohr field (Egypt), as well as an increase in gas production by Sibneftegaz.

Exxon and Chevron increased gas production by only 0.8% and 6.4%, respectively. Shell cut production by 1.9%.

Also, the number of new wells commissioned by Rosneft in 2021 exceeded 3.2 thousand units. As a result of exploration work in 2021, 256 new deposits and 2 new fields were discovered with АВ1С1+B2С2 hydrocarbon reserves in the amount of about 0.5 billion toe.

Among the largest discoveries in 2021 can be attributed to the unique in terms of reserves gas condensate field named after. E. Zinicheva in the Krasnoyarsk Territory with recoverable gas reserves of 384 billion cubic meters. m in category AB1C1 + B2C2, as well as a large Kederginskoye gas field in Yakutia with recoverable gas reserves of more than 43 billion cubic meters. m in category АВ1С1+В2С2.

It is worth noting that the company's Board of Directors approved the Rosneft 2030: Reliable Energy and Global Energy Transition strategy, which provides for a reduction in the carbon footprint. Rosneft has set itself the goal of achieving net carbon neutrality by 2050.

In 2021, Rosneft became the only Russian oil and gas corporation to receive the status of a company - a leader in sustainable development and included in the Global Compact LEAD global initiative for its unwavering commitment to the United Nations Global Compact and the Ten Principles of Responsible Business.

Rosneft ahead of a number of global majors in hydrocarbon production growth in 2021