газпром инвестиции

Conservative financial

Improving FCF profile

Dividend growth

STRONGER

policy, costs control

FINANCIAL

potential

OUTLOOK

Strategic transformative

Business growth in gas

Improvement in gas markets

and oil segments and

outlook. Production and

BUSINESS

projects (capex peak in

potential for further

export growth.

GROWTH

2018 - 2019)

growth

Outstanding

Low

High competitiveness

World largest producer and

UNIQUE

resource base

of Gazprom’s gas.

exporter of natural gas – the

cost base

FUNDAMENTALS

and infrastructure

Record high exports

cleanest fossil fuel