Gazprom Neft Board As of 31 December 2012, Gazprom Neft and its subsidiaries hold the mineral rights to 74 license areas located in 11 regions of Russia. In Serbia, the Gazprom Neft's subsidiary Naftna Industrija Srbije, holds 69 licenses. Based on an audit of reserves conducted by DeGolyer and MacNaughton and according to the Petroleum Resources Management System standards, the company's proven reserves at the end of 2012 totaled 1.2 billion tonnes of oil equivalent, and its reserve replacement ratio was over 286%. Most of the company's oil production operations in Russia are carried out by three subsidiaries: Gazpromneft-Noyabrskneftegaz, Gazpromneft-Khantos and Gazpromneft-Vostok.
Gazprom of the Gazprom Neft shares for $13.1 billion. Gazprom's ability to supply natural gas to domestic market and for reexport has relied to a large extent on imports from Central Asia. In 2007, Gazprom imported a total of from Central Asia: from Turkmenistan, from Kazakhstan, and from Uzbekistan. In particular, Gazprom purchased seventy-five percent of Turkmenistan gas exports in order to supply gas to Ukraine. In 2008, Gazprom paid $130/mcm to $180/mcm for gas from Central Asia. In 2015, Gazprom's proved and probable reserves of natural gas were , a 3.8% increase from the 2011 figure which represented 18.4% of