Gazprom Neft’ : Neft’s total hydrocarbon reserves at 2.72 billion tonnes as at end-2016, with a reserve-replacement ratio of 122 percent

As at 31 December 2016 total proved and probable hydrocarbon reserves (proved + probable – 2P,* based on SPE-PRMS international standards**, including those held by joint enterprises) at Gazprom Neft totalled 2.72 billion tonnes of oil equivalent – a year-on-year increase of 0.8 percent. Production volumes in 2016, at 86.