The Moscow-headquartered operator said it grew its reserves by 963 million boe during 2014, a rise of 3% on the year before, based on an independent audit from DeGolyer & MacNaughton.
The reserve replacement rates are lower than in 2013 when the Russian oil giant achieved a reserve replacement ratio of 179% and grew reserves by 11% over 2012, but Rosneft’s reserves are still the largest in the world among publicly traded companies.
Rosneft
