RESERVES

reserve

YUZHNY has reserves amounted to 2,006.8 million barrels of oil. In 2012 the reserve replacement ratio totalled 120.2%. According to the results of the audit, Our reserves-to-production ratio is 18.1 years. About 300 bln cubic meters of proved gas reserves under international classification and we are increasing development in the gas sector and monetization of reserves is a priority for the Company.