Russneft

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Russneft
Private
Industry refining
Founded 2002
Founder Mikhail Gutseriyev
Headquarters Moscow, Russia
Key people
Mikhail Gutseriyev (major shareholder)
Vladislav Soloviov (CEO)
Revenue Increase US$5.1 billion
Number of employees
20,000
Website http://www.russneft.ru/eng/

Russneft is a Russian oil refining company and one of the largest producers of oil products in the country.[1]

The company operated two refinery - 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, having supplied in 2008 around 14 million tonnes of crude oil, 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.[2] 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).[3]

In May 2010, the company's major shareholder Mikhail Gutseriyev announced that Russneft and Bashneft will merge in two or three years.[4]

See also[edit]

References[edit]

  1. ^ "History". eng.russneft.ru. Retrieved 2009-09-08. 
  2. ^ "Geology and Resources". eng.russneft.ru. Retrieved 2009-09-08. 
  3. ^ "Refining". eng.russneft.ru. Retrieved 2009-09-08. 
  4. ^ "'Russneft and Bashneft to merge'". Upstream Online. NHST Media Group. 2010-05-19. Retrieved 2010-06-14.