JSC Gazprom Neft
Company Information

JSC Gazprom Neft Company Profile

One of Russia's largest integrated oil companies, Gazprom Neft (formerly Siberian Oil Company, or Sibneft) is engaged in exploration, production, refining, and marketing of petroleum products. Retail operations include about 760 gas stations. The company, with proved reserves of 4 billion barrels of oil equivalent, controls refineries in Moscow, Mozyr, Noyabrsk, and Omsk that produce more than 32.7 million tonnes of oil products per year. The company also shares ownership with NOVATEK of a major natural gas project SeverEnergia. Russian gas giant Gazprom owns 79% of Gazprom Neft, having Gazprom acquired Italian energy titan ENI's 20% share in the company in 2009.