1. Prof. Anatoly Zolotukhin Gubkin Russian State University of Oil and Gas National Research University Moscow, Russia Neftegaz conference Moscow, June 27, 2012 Regional & Global Solutions for Sustainable Gas Supply: Russia Perspective June 4, 20161

2. 2 Assessment of Undiscovered Oil and Gas in the Arctic Donald L. Gautier, et al. Science 324, 1175 (2009); DOI: 10.1126/science.1169467 Undiscovered Gas 2

3. 3 Russian unconventional gas resources June 4, 20163 Ref: Е. Perlova, June 2011

4. Russia’s conventional HC reserves & resources Ref.: D. Khramov, Rus-Norw Seminar, June 20, 2011 Total: 355 BTOE 4June 4, 2016

5. 5 HC Resources of the Russian Arctic Shelf June 4, 2016

6. 6 41,7 BTOE – Europe Arctic resources Europe Arctic Offshore – HC Potential 6June 4, 2016

7. Forecasted petroleum production from the Russian shelves, 2010-2030 Caspian Sea Offshore Sakhalin Arctic seas Million TOE per year Oil and gas production forecast from the Russian shelves 7June 4, 2016

8. Gas consumption per capita Source: BP statistical review on World Energy, 2011 8

9. Global supply and balance in 2015 Source: Timera Energy graphic based on IEA data

10. June 4, 201610 Russia’s unique position to supply demand growth for both piped gas and LNG to global markets Source: Exxon Mobil 2010 The Outlook for Energy: A View to 2030

11. June 4, 201611 Opportunity for Russia to meet a rising Asian import requirements Source: James Henderson, The Oxford Institute for Energy Studies, March 2012

12. June 4, 201612 Forecasts and Uncertainty Source: James Henderson, The Oxford Institute for Energy Studies, March 2012

13. June 4, 201613 Source: PFC Energy (Novatek, 2011) 2005 Forecast of global gas market in 2010

14. June 4, 201614 Source: PFC Energy (Novatek, 2011) 2010 – Global gas market forecast changes

15. Major gas trade movements Source: BP statistical review on World Energy, 2011 15

16. Shtokman Snøhvit Skrugard Goliat Snøhvit LNG The Barents Sea: An area of international energy cooperation Fedynskoye Gazprom Rosneft Lukoil Statoil ENI ExxonMobil June 15, 201216 Total

17. We can have a safe, secure and reliable development of arctic resources… only through cooperation, not competition, among arctic nations. Any other way of doing this… will not benefit any nation in the long run. Assistant Secretary of State Daniel S. Sullivan, Oct. 15, 2007 17

18. Thank you! Prof. Anatoly Zolotukhin E-mail: anatoly.zolotukhin@gmail.com Phone/Fax: +7 499 135 75 16 18June 15, 201218