Russneft

Russneft is a Russian oil company and one of the largest producers of oil products in the country.[3]

Not to be confused with Rosneft or Rusneftegaz.
Russneft
TypePrivate
MCX: RNFT
Industryrefining
Founded2002
FounderMikhail Gutseriyev
HeadquartersMoscow, Russia
Key people
Mikhail Gutseriyev (major shareholder)
Vladislav Soloviov (CEO)
Revenue$2.21 billion[1] (2017)
$219 million[2] (2016)
$280 million[2] (2016)
Total assets$4.33 billion[2] (2019)
Total equity$1.18 billion[2] (2019)
Number of employees
20,000
Websitehttp://www.russneft.ru/eng/

The company operates two refineries - one in Orsk and in Krasnodar. Combined they had a capacity of 217,000 barrels per day (34,500 m3/d), as well as 100 petrol stations. Russneft is also an oil producer, producing around 14 million tonnes of crude oil in 2008, with recoverable reserves of 1.1 billion barrels (170×10^6 m3) of oil and 978 billion cubic feet (27.7×10^9 m3) of natural gas.[4] It also owns an oil terminal with a transit capacity of 7 million tonnes per year.

In addition, Russneft holds a controlling stake in Slavneft, which owns the Mozyr Refinery in Belarus with a capacity of 95,000 bbl/d (15,100 m3/d), and the YaNOS Yaroslavl Refinery with a capacity of 132,000 bbl/d (21,000 m3/d).[5]

In May 2010, the company's major shareholder Mikhail Gutseriyev announced that Russneft and Bashneft will merge in two or three years.[6]

In November 2016, Russneft raised US$502 million in an IPO on the Moscow Stock Exchange, selling 20% of its ordinary shares.[7]

See also

References
  1. "Рейтинг крупнейших компаний России по объему реализации продукции". Expert RA. Archived from the original on 28 October 2018. Retrieved 28 October 2018.
  2. http://www.russneft.ru/i/financial_document_lang/file_path_17.pdf.
  3. "History". eng.russneft.ru. Archived from the original on 2009-02-20. Retrieved 2009-09-08.
  4. "Geology and Resources". eng.russneft.ru. Archived from the original on 2009-07-19. Retrieved 2009-09-08.
  5. "Refining". eng.russneft.ru. Archived from the original on 2008-03-27. Retrieved 2009-09-08.
  6. "'Russneft and Bashneft to merge'". Upstream Online. NHST Media Group. 2010-05-19. Retrieved 2010-06-14.
  7. "Subscribe to read". Financial Times. Retrieved 2019-07-27. Cite uses generic title (help)
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.