Sibneft's Vision

• Sibneft is a vertically integrated oil company, building businesses in petroleum exploration, production, refining, and marketing.

• Our geographic focus is Russia and the CIS. We believe that our expertise, experience and resources enable us to achieve a higher return on capital domestically than abroad.

• Our future is based on rapid and sustainable growth in the principal sectors of the oil and gas business, and the reinforcement of our leading position in the industry through efficient use of existing assets coupled with new acquisitions.

• Our priority in business is to achieve industry-leading levels of return on equity for shareholders, via efficient management.

• We aim to be leaders in the creation of a transparent corporate structure and in the development of corporate governance.

• Sibneft strives to be a socially responsible company, respecting environmental regulations and the historical heritage of indigenous people of the northern regions where it operates.

Company Mission

Sibneft's mission is to be a consistent leader in petroleum exploration, production, refining and marketing, effectively utilizing the potential of existing and of newly acquired assets, and ensuring long-term, profitable growth for our business with a goal of increasing the company's share price and shareholder returns.

Our Values

Industry Leadership

Sibneft aims to be the industry leader in use of oil production technologies, rates of growth, quality of oil products and business efficiency.

Professionalism

The professionalism of the company's employees is a cornerstone of Sibneft's leadership. We employ the best specialists in the oil industry, and professional and personal growth for employees is a central concern for the company and its shareholders.

Teamwork

Sibneft's success is built upon using the advice and ideas of employees from various departments, all contributing to achievement of the common goal of industry leadership.

Efficient Management

Sibneft strives to maintain the most efficient system of business management possible. Managers at all levels are the top professionals in the industry, with the ability to make independent decisions and take full responsibility for tasks assigned to them.