Assessment of the Auditors' Report on the Financial Statements
of Joint-Stock Company Gazprom Neft (the "Company")
for 2012 (the "Auditors' Report")
Prepared by PricewaterhouseCoopers Audit (the "Auditors")

The Auditing Committee of the Company's Board of Directors (the "Auditing Committee"), in accordance with the Auditing Committee Regulations, having considered the presented Auditors' Report does hereby confirm that the audit was performed in accordance with the requirements of the Russian Federal Law "On Auditing Activities", Federal Auditing Rules (Standards), International Auditing Standards and the Auditors' internal standards.

In the course of the audit, the Auditing Committee, on behalf of the Board of Directors, analyzed the preparation and presentation of the Company's financial statements, monitored the scope and procedures of the audit, supervised the efficiency of the Company's internal procedures intended to ensure that the Company's financial statements are prepared in good quality and in time.

The Auditing Committee exercised control over elimination of defects identified by the Auditors in the course of the audit. The members of the Auditing Committee timely received from the Auditors all necessary information, explanations and answers to arising questions.

The Auditing Committee reviewed the Company's financial statements and information about the Company's financial standing and performance including the Auditor's evaluation of the appropriateness of material judgments and clearness of comments to the data presented in the Company's financial statements.

Having considered the Auditors' Report the Auditing Committee believes that the audit gives sufficient grounds for the auditors to express their opinion on whether the financial statements give a true and fair vision, in all material respects, of the Company's financial standing as of December 31, 2012 and its operating results for the period from January1 to December 31, 2012 inclusively in accordance with requirements of the Russian laws and regulations for financial (accounting) reporting.

Upon the assessment of the Auditors' Report, the Auditing Committee informs as follows:

1.  The audit was carried out in accordance with the contract entered into with the Company observing the agreed time schedule and auditing procedures and covers all material elements of the Company's financial statements.

2.  In the course of the audit, compliance with the accounting principles and norms was evaluated, and the Company's basic judgments were considered.

3.  The audit was carried out on a sample basis.

4.  In the Auditing Committee's opinion, the Auditors' Report fairly reflects the condition of the Company's financial statements for 2012 prepared in accordance with Russian accounting standards.

5.  The Auditors' Report is addressed to the Company's shareholders and contains a necessary and sufficient scope of audited financial statements to be included into the information materials for the Annual General Meeting of Shareholders.

Based on the reviewed documents and the comments received from the Company's management and the auditors, the Auditing Committee recommends that this Assessment of the Auditors' Report should be included into the information materials for the Annual General Meeting of Shareholders in order to ensure the shareholders' right to receive fair information about the Company's financial statements.

JSC Gazprom Neft
Auditing Committee
Chairman / (signature) A.V. Kruglov