|

Upstream |

Refining |

Marketing |
| Western Siberia |
Moscow and Surrounding Region |
Salym Group of Fields 1.1 bn bbls recoverable reserves
- Producing 130,000 bopd
- 180,000 bopd by 2009
- 50% Sibir stake
- Located in Western Siberia
- Operated by Shell
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Moscow Refinery
- 240,000 bopd refinery
- Largest market in Russia
- Run as tolling operation
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Moscow Fuel Company (MTK)
- 69 service stations
- Strategic oil products terminal
- 100% Sibir owned
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Yuzhnoye Field
- 84 mn bbls recoverable reserves
- Producing 6,500 bopd
- 95% Sibir stake
- Located in Western Siberia
- Operated by Sibir subsidiary, Magma
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Mosnefteprodukt (MNP)
- 64 service stations
- 13 oil products terminals
- 50,5 % Sibir owned
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Orekhovskoye Field
- 54 mn bbls recoverable reserves
- Development initiated in Q2 2007
- Projected peak production 5.000 bopd
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BP Retail
- 51 service stations
- Highest throughput volumes in Russia
- 25% +1 share Sibir stake
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Koltogorsky Exploration Blocks
- 970 mn barrels of estimated resources
- 520,000 acres of exploration on 8 blocks
- 8 exploration wells to be drilled by Q1 2009
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