Surgutneftegas
 | This article needs additional citations for verification. (April 2009) |
| Type | Pubçic |
|---|---|
| Traded as |
RTS:SVAV MICEX:SVAV LSE: SGGD |
| Industry | Oil and gas industry |
| Founded | 1993 |
| Headquarters | Surgut, Russia |
| Key people |
Vladimir Erokhin (Chairman) Vladimir Bogdanov (CEO) |
| Products |
Petroleum Natural gas Oil products |
| Revenue |
 US$18.8 billion (2009) |
| Net income |
US$4.1 billion (2009) |
| Employees | 92,935 |
| Website | www.surgutneftegas.ru |
Surgutneftegas (Russian: ОАО «Сургутнефтегаз») (RTS:SNGS, MICEX:SNGS, LSE: SGGD) is a Russian major oil and gas company. It was created in 1993 by merging several previously state-owned companies with large oil and gas reserves in Western Siberia. The company's headquarters are located in Surgut, Tyumen Oblast.
The company is believed to have close ties to the Kremlin under Vladimir Putin.[1] Surgutneftegas includes a large oil refinery in Kirishi, Leningrad Oblast, operated by the Kirishinefteorgsintez subsidiary. The company is also engaged in fuel retail activities in northwest Russia. It cooperates with the Petersburg Fuel Company in this field. Surgutneftegas is also a shareholder of Oneximbank. From the very beginning till now Surgutneftegas has been led by President and Director General Vladimir Bogdanov, who had run the Surgut oil fields since 1983.
In 1995, the company won a tender for huge oil fields in the Khanty-Mansi Autonomous Okrug. The company also gained permission to build an export terminal in the Batareynaya Bay of the Gulf of Finland and a pipeline between it and the Kirishi refinery. Surgutneftegas was widely believed to be behind Baikalfinansgrup which acquired YUKOS' main oil production facility Yuganskneftegaz at a controversial auction in 2004.[2],[1]
Surgutneftegas is the leading oil supplier to Belarus, accounting in 2006 for some 30% of the total deliveries.[3]
The company also developed its foreign contacts, including talks with Iran, Libya and pre-war Iraq on taking part in oil extraction projects.[4]
According to the Hoover company review, Surgutneftegas employs more than 82.000 people and did $24 billion sales in 2007.[5]
Board of directors
(as of January 2007[update][6])
- Alexander Usoltsev (Chairman)
- Vladimir Bogdanov (Director General)
- Sergei Ananyev
- Alexander Bulanov
- Igor Gorbunov
- Nikolai Matveev (Chief Engineer, First Deputy Director General)
- Nikolai Medvedev (Chief Geologist, Deputy Director General)
- Alexander Resyapov (Deputy Director General for Capital Construction)
- Ildus Usmanov
The company has no collegiate executive body.
Principal subsidiaries
- Surgutmebel
- Insurance Society Surgutneftegas
- Central Surgut Depositary
- Novgorodnefteprodukt
- Retail Association Pskovnefteprodukt
- Retail Association Tvernefteprodukt
- Kaliningradnefteprodukt
- Sovkhoz Chervishevskii
- Production Association Kirishinefteorgsintez
- Oil-Consulting
- Oil Company Surgutneftegas
- Surgutneftegasbank
- Invest-Zashchita
- Surgutneftestroi
- Investsibirstroi
- Surgutneftegasburenie
References and notes
- ↑ 1.0 1.1 "A Surprise Bidder Buys Yukos Unit". The Washington Post. 20 December 2004. http://www.washingtonpost.com/ac2/wp-dyn/A11823-2004Dec19?language=printer. Retrieved 14 May 2011.
- ↑ "Putin: Sale Of Yukos Unit Legal". The Washington Post. 22 December 2004. http://www.washingtonpost.com/wp-dyn/articles/A16512-2004Dec21.html. Retrieved 14 May 2011.
- ↑ [1][dead link]
- ↑ [2][dead link]
- ↑ by '+authorShort+' (21 October 2010). "Hoovers Company Review, Surgutneftegas". Hoovers.com. http://www.hoovers.com/surgutneftegas/--ID__55419--/free-co-factsheet.xhtml. Retrieved 14 May 2011.
- ↑ [3][dead link]
External links
- REDIRECT Template:Moscow Exchange
- REDIRECT Template:Moscow Exchange
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