 | |
Native name | ПАО «Сургутнефтегаз» |
|---|---|
| Company type | Public limited company |
| MCX: SNGS LSE: SGGD | |
| Industry | Oil and gas |
| Founded | 1993; 32 years ago (1993)[1] |
| Headquarters | , Russia |
Key people | Vladimir Bogdanov(CEO) |
| Products | Petroleum Natural gas Oil products |
| Revenue | $20.1 billion[2] (2017) |
| $3.89 billion[3] (2016) | |
| −$932 million[3] (2016) | |
| Total assets | $58.5 billion[3] (2016) |
| Total equity | $51.4 billion[3] (2016) |
Number of employees | 92,935 |
| Subsidiaries | Kinef |
| Website | www |
Surgutneftegas (Russian:ПАО «Сургутнефтегаз»,IPA:[sʊrɡʊtnʲɪftʲɪˈɡas]) is a Russian oil and gas company created by merging several previously state-owned companies owning large oil and gas reserves in WesternSiberia. The company's headquarters are located inSurgut,Khanty-Mansi Autonomous Okrug. In the 2020Forbes Global 2000, Surgutneftgas was ranked as the 251st-largest public company in the world.[4]
Surgutneftegas includes a largeoil refinery inKirishi,Leningrad Oblast, operated by theKirishinefteorgsintez subsidiary. The company is also engaged in fuel retail activities in north-west Russia by cooperating with thePetersburg Fuel Company. Surgutneftegas is also a shareholder of Oneximbank (Объединённый экспортно-импортный банк).From the beginning Surgutneftegas has been led by president and director generalVladimir Bogdanov, who had run the Surgut oil fields since 1983.
According toStanislav Belkovsky,Vladimir Putin is the beneficial owner of Surguneftegas.[5]
Surgutneftegas was created in 1994 as a joint stock company.[1] In 1995, the company won a tender for huge oil fields in theKhanty–Mansi Autonomous Okrug. The company also gained permission to build an export terminal in the Batareynaya Bay of theGulf of Finland and a pipeline between it and theKirishi oil refinery.[citation needed]
Surgutneftegas was widely believed to be behindBaikalfinansgrup which acquiredYUKOS' main oil production facilityYuganskneftegaz at a controversial auction in 2004.[6][7]
Surgutneftegas is the leading oil supplier toBelarus, accounting in 2006 for some 30% of the total deliveries.[8] The company also developed its foreign contacts, including talks withIran,Libya and pre-warIraq on taking part in oil extraction projects.[9]
According to the Hoover company review, Surgutneftegas employs more than 82,000 people and made $24 billion sales in 2007.[10] In 2018 , the company 's revenue amounted to 1.5 trillion rubles.[11]
Construction of theKirishi oil refinery was launched in 1961 in the town of Kirishi, Leningrad Region. The first phase of the refinery was commissioned in March 1966. The refinery was designed to cover the fuel needs of the north-western region of the Soviet Union. The conversion level of the refinery was not very deep, with a high degree of masut (residue) production. The latter was also delivered to the Baltic states, Belarus, and Ukraine.[citation needed]
In 1980 the plant was reconstructed and started diesel hydrotreating unit with capacity of two million tonnes per year. The main fractionation tower K-5 weighing 335.2 tons, diameter of 5 m and a length of 62 m was delivered by "Spetstyazhavtotrans" from the factory "Dzerzhinskhimmash".[citation needed]
In 1993, the refinery was incorporated into the OOO Surgutneftegas and renamed as the OOO Industrial Enterprise Kirishnefteorgsintez (OOO KINEF).[citation needed]
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