GAZPROM IN EASTERN RUSSIA, ENTRY INTO ASIA-PACIFIC MARKETS St. Petersburg, May 28, 2019
Gazprom’s Resource Base in Eastern Siberia and Russian Far East (as of January 1, 2019), bln m 3 Gas reserves in Gazprom Group’s licensed blocks in Eastern Siberia and Russian Far East : А+В 1 +С 1 – 4,260 bln m 3 ; В 2 +С 2 – over 1,638.4 bln m 3 Kamchatka Territory (onshore+offshore) Gazprom’s licenses in Eastern Siberia Republic of Sakha (Yakutia) Krasnoyarsk Territory and Russian Far East 397.8 406 7.3 Location Number 205.8 205,8 486 0.5 1,392.7 113.8 Sea of Okhotsk shelf 4 Kamchatka Territory 9 110 50.6 Republic of Sakha (Yakutia) 5 Irkutsk Region 443 Irkutsk Region 5 940.2 1,079.4 (incl. for one UGS 1,715.3 facility) Sea of Okhotsk Krasnoyarsk Territory 13 shelf Amur Region 2 (for UGS facilities) А+В 1 +С 1 В 2 +С 2 D (resources) TOTAL 38 GAZPROM IN EASTERN RUSSIA, ENTRY INTO ASIA-PACIFIC MARKETS 1
Key Production Data for Chayandinskoye and Kovyktinskoye Fields CHAYANDINSKOYE OIL, GAS AND CONDENSATE FIELD KOVYKTINSKOYE GAS AND CONDENSATE FIELD R ESERVES R ESERVES P LANNED GAS PRODUCTION P LANNED GAS PRODUCTION 1,2 TRLN M 3 OF GAS 2.71 TRLN M 3 OF GAS 25.4 BLN M 3 PER YEAR 25 BLN M 3 PER YEAR 61.6 MLN T OF OIL AND CONDENSATE 90.6 MLN T OF CONDENSATE 2019 COMMISSIONING DATE D ECEMBER 2022 COMMISSIONING DATE G AS PRODUCTION SCHEDULE , BLN M 3 G AS PRODUCTION SCHEDULE , BLN M 3 25 25 20 20 15 15 25 25 25 25 25 25 25 25 25 25 25 25 25 23.6 10 10 19.0 15 13.8 5 5 6.9 4.9 1.5 0 0 2019 2020 2021 2022 2023 2024 2025 2030 2035 2040 2045 2023 2024 2025 2030 2035 2040 2045 2049 2050 2 GAZPROM IN EASTERN RUSSIA, ENTRY INTO ASIA-PACIFIC MARKETS
Sakhalin III Project. Kirinskoye Field Field was put onstream in 2014 Planned gas production – 5.5 bln m 3 per year 75- 90 м - глубина моря Construction of 7 production wells completed: • 2 wells connected to gathering system • 5 wells to be connected 3 GAZPROM IN EASTERN RUSSIA, ENTRY INTO ASIA-PACIFIC MARKETS
Power of Siberia Gas Pipeline Chayandinskoye and Kovyktinskoye Fields L ENGTH OF P OWER OF S IBERIA GAS PIPELINE IS AROUND 3,000 KM D IAMETER – 1,420 MM P RESSURE – 9.8 MP A A NNUAL EXPORT CAPACITY – 38 BLN M 3 OF GAS C HAYANDINSKOYE AND K OVYKTINSKOYE FIELDS IDENTIFIED AS RESOURCE BASE FOR GAS SUPPLIES TO C HINA VIA P OWER OF S IBERIA GAS PIPELINE C HAYANDINSKOYE FIELD IS OF PRIME IMPORTANCE FOR Y AKUTIA GAS PRODUCTION CENTER ’ S DEVELOPMENT K OVYKTINSKOYE FIELD IS OF CENTRAL IMPORTANCE FOR I RKUTSK GAS PRODUCTION CENTER ’ S DEVELOPMENT GAZPROM IN EASTERN RUSSIA, ENTRY INTO ASIA-PACIFIC MARKETS 4
Sakhalin – Khabarovsk – Vladivostok Gas Pipeline Length of single-string pipeline – over 1,800 km Diameter – 1,200 mm Pressure – 9.8 MPa GAZPROM IN EASTERN RUSSIA, ENTRY INTO ASIA-PACIFIC MARKETS 5
Geological Exploration to Identify Potential Sites for UGS Facilities Belogorsky block Angarskaya area Block adjacent to Khabarovsk Blagoveshchenskaya area GAZPROM IN EASTERN RUSSIA, ENTRY INTO ASIA-PACIFIC MARKETS 6
Planned Export Routes for Amur GPP Products Propane and butane Amur GPP LPG tanks • Planned LPG production at Amur GPP – up to 1.5 mln t per year LPG terminal • Consideration is being given to possibilities for LPG processing within Svobodny settlement Russia, as well as to LPG exports to Asia-Pacific countries (Japan, China, South Korea) • LPG will be transshipped at designated offshore and onshore terminals Helium trucks if LPG export option is chosen Gas carriers and Helium hub Liquefied helium container ships • Shipments in special helium tank containers • Road transportation to logistics hub located near container ports • Delivery of containers to buyers in ports Japan Main sales markets: China, Japan, South Korea, Taiwan, and other countries • • Planned delivery volume – up to 60 mln m 3 per year GAZPROM IN EASTERN RUSSIA, ENTRY INTO ASIA-PACIFIC MARKETS 7
Gazprom Group’s LNG Business in Asia -Pacific Region Gazprom Group’s LNG supply markets Gazprom Group’s LNG business in Asia -Pacific region Project of LNG plant’s third train, 5 India - 19% ASIA-PACIFIC REGION REMAINS - DES, Asia-Pacific countries Sakhalin II Россия Sakhalin II project 4.0 3.4 3.6 3.7 IN FOCUS FOR GAZPROM GROUP - DES, other countries 4 3.3 Annual capacity – up to 5.4 mln t of LNG Japan – 16% - FOB third train of mln t In 2015, Gazprom and Shell signed 3 2.3 China - 15% LNG plant 1.9 Memorandum on said project In 2018, Asia-Pacific markets 1.4 1.5 South 1.4 2 Project’s FEED is complete, positive accounted for over 70% of Gazprom Japan Korea – 14% Korea feedback obtained from Russian State 0.1 0.3 0.3 0.5 1 Group’s LNG deliveries. FOB - 11% Expertise Agency 0 Китай Kuwait - 11% Vladivost stok ok LNG 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 We plan to further ramp up LNG Taiwan - 10% (med edium-sc scale) e) Taiwan other DES supplies - 4% Investment rationale supplies to Asia-Pacific markets both India under development via our LNG projects carried out Bangladesh LNG demand outlook in Asia-Pacific countries locally and from our LNG trading Philippines Vietnam portfolio. Source: IHS Markit Thailand 2018 83 44 55 23 37 Malaysia Singapore 2020 83 39 65 26 49 2025 77 38 80 27 90 Gazprom Group’s LNG supplies from other locations Indonesia to Asia-Pacific region 2030 73 42 97 43 129 LNG plants partly owned Gazprom Group’s LNG markets: 0 100 200 300 400 by Gazprom Group: LNG supply routes: mln t - existing - existing - existing - Japan - South Korea - China - India - other Asia-Pacific countries - potential - potential - potential GAZPROM IN EASTERN RUSSIA, ENTRY INTO ASIA-PACIFIC MARKETS 8
Natural Gas Deliveries to Chinese Market Natural gas consumption and imports in Chinese market Pipeline gas supplies from Russia to China via eastern route will Sourc urces es: : Chinese NDRC, NBS, GAC 40% Growth rates: commence on December 1, 2019. 30% consumption 20% production We are getting ready to start pipeline gas deliveries to China under Sales and Purchase imports 10% Agreement with CNPC for gas to be supplied via eastern route and also looking into other promising areas of cooperation with Chinese partners. 0% 2013 2014 2015 2016 2017 2018 280 300 consumption* 237 250 206 193 179 including imports ** 200 169 bln m 3 150 100 45% 40% 37% 33% 32% 31% 50 * Difference of gas consumption and gas imports corresponds to volume of domestic production added to volume of natural gas in storage, volume of losses and statistical margin of error. Gas consumption data for 2018 are based on Chinese NDRC statistics concerning gas supplies 0 to China’s market (domestic production and imports). 2013 2014 2015 2016 2017 2018 ** With reference to gas consumption-to-imports ratio. Current and potential areas of cooperation with Chinese partners NGV FUEL AND SMALL- SCI-TECH UNDERGROUND GAS GAS-FIRED POWER GAS EXPLORATION AND PIPELINE GAS SUPPLIES SCALE LNG LNG SUPPLIES COOPERATION STORAGE GENERATION PRODUCTION IN THIRD COUNTRIES GAZPROM IN EASTERN RUSSIA, ENTRY INTO ASIA-PACIFIC MARKETS 9
Sakhalin II Project Sakhalin II project includes development of Piltun-Astokhskoye and Lunskoye oil, gas and condensate fields in Sea of Okhotsk under Production Sharing Agreement between Sakhalin Energy and Russian Government 2018 results: • Gas production – 18.2 bln m 3 • LNG production – 11.4 mln t • Oil production – 5.6 mln t In April 2019, Sakhalin Energy celebrated its 25 th anniversary. Over years of its existence, SEIC has exhibited excellent operating performance: • LNG production – over 100 mln t • Oil production – around 70 mln t GAZPROM IN EASTERN RUSSIA, ENTRY INTO ASIA-PACIFIC MARKETS 10
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