Bashneft

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Bashneft OAO
Type Public (OAO)
Traded as MCXBANE
Industry Oil and gas industry
Founded 1946
Headquarters Ufa, Russia
Key people Nikolay Grakhantsev, (CEO)
Revenue Increase US$ 16.3 billion (2012)
Net income Increase US$ 1.7 billion (2012)
Employees 8,150
Parent Government of Russia
Website www.bashneft.com

Bashneft is a Russian oil company. It is one of the largest producer of oil products in the country.[1] The company operates 140 oil and natural gas fields in Russia and has an annual oil production of 16 million tonnes. Bashneft owns three oil refineries located in Ufa with a combined capacity of 820,000 bbl/d (130,000 m3/d) and 100 petrol stations.[2]

History[edit]

The Russian holding Sistema bought a controlling stake in Bashneft in March 2009 for US$2.5 billion.[3]

In March 2014, Bashneft acquired a 100% stake in Russian oil firm Burneftegaz in a deal totalling more than $1 billion.[4]

Murtaza Rakhimov, Kadir Timergazin have worked in Bashneft.

See also[edit]

References[edit]

  1. ^ "Products". bashedu.ru. Archived from the original on 26 September 2009. Retrieved 2009-09-08. 
  2. ^ "Bashneft Company". tradekey.com. Retrieved 2009-09-08. 
  3. ^ "Sistema takes controlling stake in Bashneft for $2.5 billion". russiatoday.com. 2009-03-30. Retrieved 2009-09-08. 
  4. ^ Bashneft acquires oil producer Burneftegaz, International: Hydrocarbons-Technology.com, 2014 

External links[edit]