Table of Contents Table of Contents 2 List of Tables 4 List of Figures 5 Company Snapshot 6 Key Information 6 Company Overview 6 Gazprom, Valuation and Financial Data 7 Gazprom, Share Price Performance 7 Share Price Performance, Q1, 2015-Q1, 2016 7 Gazprom, Key Valuation Metrics 8 Key Valuation Metrics, Q1, 2015-Q1, 2016 8 Gazprom, Quarterly Results of Oil & Gas Operations Per boe Produced 9 Results of Oil & Gas Operations Per boe Produced, Q1, 2015-Q1, 2016 9 Results of Oil & Gas Operations Per boe Growth Rates, Q1, 2015-Q1, 2016 10 Gazprom, Quarterly E&P Costs Trends 11 Upstream Capital Expenditure, Q1, 2015-Q1, 2016 11 Gazprom, Quarterly Production Trends 12 Gazprom, Total Oil and Gas Production 12 Total Crude Oil and Natural Gas Production Trend, Q1, 2015-Q1, 2016 12 Gazprom, Crude Oil Production 13 Total Crude Oil Production Trend, Q1, 2015-Q1, 2016 13 Gazprom, Natural Gas Production 14 Total Natural Gas Production Trend, Q1, 2015-Q1, 2016 14 Gazprom, Valuation and Financial Data, 2011-2015 15 Gazprom, Share Price Performance, 2011-2015 15 Share Price Performance, 2011-2015 15 Key Valuation Metrics, 2011-2015 16 Gazprom, Production and Reserves Trends 17 Total Oil and Gas, Reserves and Production 17 Total Crude Oil and Natural Gas Production and Reserves Trend, 2011-2015 17 Total Crude Oil and Natural Gas Reserve Changes, 2011-2015 18 Crude Oil/Liquids Production and Reserve 19 Crude Oil/Liquids Production and Reserve Trend, 2011-2015 19 Crude Oil/Liquids Reserve Changes, 2011-2015 20 Natural Gas Production and Reserve 21 Natural Gas Production and Reserve Trend, 2011-2015 21 Natural Gas Reserve Changes, 2011-2015 22 Total Crude Oil and Natural Gas Reserves Life Index 23 Total Crude Oil and Natural Gas Reserves Life Index, 2011-2015 23 Gazprom, E&P Costs Trends 24 Allocation of the Upstream Capital Expenditure 24 Upstream Capital Expenditure, 2011-2015 24 Gazprom, Results of Oil & Gas Operations Trend 25 Oil and Gas Revenue and Expenses 25 Oil and Gas Revenue and Expenses, 2011-2015 25 Oil and Gas Revenue and Expenses, Per boe 26 Oil and Gas Revenue and Expenses, By boe, 2011-2015 26 Well Statistics 27 Producible Oil and Gas Well, 2011-2015 27 Producible Oil and Gas Well, By Country/Region, 2011-2015 28 Exploration and Development Wells Drilled, 2011-2015 30 Recent Developments 31 Gazprom - Recent Developments 31 Oct 04, 2016: Gazprom, OMV, Montanuniversitat Leoben, And Gubkin Russian State University Of Oil And Gas Sign Agreement For Scientific & Technical Cooperation And Partnership 31 Oct 04, 2016: Gazprom And Gasunie Discuss Relevance Of New Infrastructure For Russian Gas Supplies To Europe 32 Oct 03, 2016: Gazprom Board Of Directors Makes Several Decisions To Further Improve Corporate Governance 32 Oct 03, 2016: Gazprom And Snam Discuss Potential Areas Of Cooperation In Gas Sector 33 Oct 03, 2016: Gazprom And Comita Address Possible Participation Of Slovenian Company In Gas Transmission Projects 33 Oct 03, 2016: Gazprom: Banatski Dvor UGS Facility Is Ready For Coming Winter 33 Sep 29, 2016: Wintershall: 20 billion Cubic Meters - Record Production From The German-Russian Achimgaz Joint Venture 34 Sep 29, 2016: Gazprom Plans To Commission Sakhalin-2 LNG Plant Train 3 In 2021 35 Sep 29, 2016: Gazprom Plans To Drill First Well At Yuzhno-Kirinskoe Field In 2017 35 Sep 29, 2016: Gazprom Receives Survey Permit For Two Strings Of TurkStream In Turkey’s Territorial Waters 35 Appendix 37 Methodology 37 Coverage 37 Secondary Research 37 Primary Research 37 Data Information Sources 38 Company Source 38 SEC/Other Regulatory Filings 38 Other Sources 38 Expert Panel Validation 38 Data Definition 38 Oil and Gas Reserves 38 Units of Measure 39 About GlobalData 39 Disclosure 39 Disclaimer 39

List of Tables Table 1: Gazprom, Key Facts 6 Table 2: Gazprom, Share Price Performance, Q1, 2015-Q1, 2016 7 Table 3: Gazprom, Key Valuation Metrics, Q1, 2015-Q1, 2016 8 Table 4: Gazprom, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q1, 2015-Q1, 2016 9 Table 5: Gazprom, Results of Oil & Gas Operations Per boe Growth Rates, %, Q1, 2015-Q1, 2016 10 Table 6: Gazprom, Upstream Capital Expenditure, Q1, 2015-Q1, 2016 11 Table 7: Gazprom, Total Crude Oil and Natural Gas, Production, Q1, 2015-Q1, 2016 12 Table 8: Gazprom, Total Crude Oil Production, mmbbl, Q1, 2015-Q1, 2016 13 Table 9: Gazprom, Total Natural Gas Production, bcf, Q1, 2015-Q1, 2016 14 Table 10: Gazprom, Share Price Performance, 2011-2015 15 Table 11: Gazprom, Key Valuation Metrics, 2011-2015 16 Table 12: Gazprom, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 17 Table 13: Gazprom, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2011-2015 18 Table 14: Gazprom, Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 19 Table 15: Gazprom, Crude Oil Reserve Changes, mmbbl, 2011-2015 20 Table 16: Gazprom, Natural Gas Production and Reserves Metrics, bcf, 2011-2015 21 Table 17: Gazprom, Natural Gas Reserve Changes, bcf, 2011-2015 22 Table 18: Gazprom, Oil and Gas Reserves Life Index, Years, 2011-2015 23 Table 19: Gazprom, Upstream Capital Expenditure, US$ mil, 2011-2015 24 Table 20: Gazprom, Revenue and Expenses, US$ mil, 2011-2015 25 Table 21: Gazprom, Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 26 Table 22: Gazprom, Producible Oil and Gas Wells, 2011-2015 27 Table 23: Gazprom, Producible Oil and Gas Wells, By Country/Region, 2011-2015 29 Table 24: Gazprom, Exploratory and Developed Wells, 2011-2015 30 List of Figures Figure 1: Gazprom, Share Price Performance, RUB/Share, Q1, 2015-Q1, 2016 7 Figure 2: Gazprom, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q1, 2015-Q1, 2016 8 Figure 3: Gazprom, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q1, 2015-Q1, 2016 9 Figure 4: Gazprom, Upstream Capital Expenditure, US$ mil, Q1, 2015-Q1, 2016 11 Figure 5: Gazprom, Total Crude Oil and Natural Gas, Production, mmboe, Q1, 2015-Q1, 2016 12 Figure 6: Gazprom, Total Crude Oil Production, mmbbl, Q1, 2015-Q1, 2016 13 Figure 7: Gazprom, Total Natural Gas Production, bcf, Q1, 2015-Q1, 2016 14 Figure 8: Gazprom, Share Price Performance, RUB/Share, 2011-2015 15 Figure 9: Gazprom, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2011-2015 16 Figure 10: Gazprom, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 17 Figure 11: Gazprom, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2015 18 Figure 12: Gazprom, Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 19 Figure 13: Gazprom, Crude Oil Reserve Changes, mmbbl, 2015 20 Figure 14: Gazprom, Natural Gas Production and Reserves Metrics, bcf, 2011-2015 21 Figure 15: Gazprom, Natural Gas Reserve Changes, bcf, 2015 22 Figure 16: Gazprom, Oil and Gas Reserves Life Index, Years, 2011-2015 23 Figure 17: Gazprom, Revenue and Expenses, US$ mil, 2011-2015 25 Figure 18: Gazprom, Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 26 Figure 19: Gazprom, Producible Oil and Gas Wells, 2011-2015 27 Figure 20: Gazprom, Net Productive Gas Wells, By Country/Region, Number, 2011-2015 28 Figure 21: Gazprom, Net Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 28 Figure 22: Gazprom, Net Productive Oil Wells, By Country/Region, Number, 2011-2015 29 Figure 23: Gazprom, Exploratory and Developed Wells, 2011-2015 30