Surgutneftegas Company Description
It's good to have gas in Surgut. Based in the Siberian provincial city of Surgut, Surgutneftegas has emerged as one of Russia's largest integrated oil companies. Production association Surgutneftegas became a joint stock company in 1993, as part of the privatization of Russia's oil industry. Surgutneftegas produces 65.5 million tons of oil and 14.6 billion cubic meters of gas a year. The company owns and operates pipelines, refineries, about 300 gas stations, and oil storage tanks. It also constructs power transmission lines and builds roads as part of its business.
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The Company Description provides a historical perspective of Surgutneftegas's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Surgutneftegas's evolution in the marketplace.
