Abbreviation Definition
Adjusted EBITDA Earnings before interest, taxes, depreciation and amortisation minus the Company’s share in the profit / (loss) of associated companies and joint ventures and taking into account its share in the EBITDA of associated companies and joint ventures
APG Associated petroleum gas
CD Civil defence
CGTP Complex gas treatment plant
CIS Commonwealth of Independent States – former Soviet republics except for Estonia, Georgia, Latvia and Lithuania
CNG Compressed natural gas
Downstream Logistics, Processing and Sales Unit
EBITDA Earnings before interest, taxes, depreciation and amortisation
EMS Energy Management System
FAR Fatal Accident Rate (the number of company/contractor fatalities per 100 000 000 hours worked)
GEW Geological exploration work
GRI Global Reporting Initiative, an international organisation whose main goal is to develop and implement an authoritative and credible reporting system in the area of sustainability that can be used by organisations regardless of their size, type of activity or location
GRI guidelines Internationally recognised methods for sustainability reporting developed by the Global Reporting Initiative (GRI)
HSE Health, safety and environment
HTRR Hard-to-recover reserves
IFRS International Financial Reporting Standards
IRMS Integrated Risk Management System standard
JSC Joint-stock company
KPI Key performance indicators
LPG Liquefied petroleum gas
LTIF Lost Time Injury Frequency
LTIFR Lost Time Injury Frequency Ratio (the number of cases involving the loss of work time versus the total amount of time worked and standardised per 1 million man-hours worked)
OE Oil equivalent
OGTU Oil and gas treatment unit
OJSC Open joint-stock company
OS Occupational safety
PBB Polymer-bitumen binders
PJSC Public joint-stock company
R&D Research and development
S&A Subsidiaries and affiliates
SPE-PRMS Petroleum Resources Management System. The most commonly used system to assess hydrocarbon reserves. PRMS was developed by the Society of Petroleum Engineers. The system not only takes into account the ability to detect oil and gas, but also the cost-effectiveness of hydrocarbon recovery. Reserves are assessed based on three categories: proved, probable, possible (3P)
Sustainability Considering economic, environmental and social impacts that cross a threshold in affecting the ability to meet the needs of the present without compromising the needs of future generations (this definition is provided by the report Our Common Future, which was issued by the World Commission on Environment and Development at the United Nations. Quoted from: Sustainability Reporting Guidelines. Version 3.0., GRI, 2006).
Sustainability reporting (non-financial reporting) A set of systems and processes for collecting, consolidating, analysing and reporting information that demonstrates a balance between the financial, operational, social and environmental aspects of the Company's operations. It also includes the principles and mechanisms for considering the interests of a wide range of stakeholders, and managing interactions with them in order to solve problems that are important to the Company and society.
Upstream Exploration and Production Unit
VIOC Vertically integrated oil company
YANOS Yaroslavnefteorgsintez (Slavneft – Yaroslavnefteorgsintez, Slavneft-YANOS) – Yaroslavl Oil Refinery