ru

Capital investments

Capital investments, RUB mn.
2014 2015 Change, %
Exploration and production 192 739 255 235 32.4
Subsidiaries 178 330 239 199 34.1
Proportionately consolidated companies 14 409 16 036 11.3
Oil refining 26 765 31 552 17.9
Marketing and sales 13 576 13 547 (0.2)
Other 10 731 13 317 24.1
Capital investments subtotal 243 811 313 651 28.6
Changes in the amount of advances issued and capital construction materials 27 519 35 385 28.6
Total capital investments 271 330 349 036 28.6

Source: Company data

The 32.4% year-on-year growth in capital investments in the exploration and production segment resulted from the following factors:

  • the active construction of major infrastructure facilities at the Novoportovskoye field;
  • capital expenditures on the Prirazlomnoye field in connection with the consolidation of the asset in November 2014;
  • the implementation of a geological exploration and exploration drilling programme at projects in Iraq;
  • the acquisition of new licenses in the Orenburg Region and West Siberia;
  • drilling at the Priobskoye field;
  • the construction of gas utilisation facilities at fixed assets and in the Orenburg Region.