2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
The development of the oil and gas industry is one of the main aspects of our country's economy. The share of Russian hydrocarbon raw materials on a global scale is more than 10%. Of course, Russian oil and gas companies play a key role in this matter. Here are 5 major enterprises from this list.
Russian oil and gas companies: list
The largest Russian enterprises in this industry include:
- Lukoil.
- Tatneft.
- Surgutneftegaz.
- Gazprom.
- Rosneft.
Lukoil
The history of the enterprise dates back to 1991, when the state concern LangepasUrayKogalymneft was established, later renamed Lukoil. In 1994, the enterprise was privatized, as a result of which Vagit Alekperov became its largest shareholder.
The scope of the company is the production, exploration, processing and sale of natural gas and oil.
Other oil and gas companies in Russia owe a lot to Lukoil, as it became a pioneer in this area. The first steps into the foreign market were made by Lukoil, while work is being carried out in more than 20 states. The company also participates in international projects for the extraction and exploration of commercial raw materials.
Now Lukoil is developing offshore fields in the B altic, Barents and Caspian Seas.
Surgutneftegaz
Surgutneftegaz is engaged in geological exploration, production, processing and sale of hydrocarbons. Oil and gas are being produced in Western and Eastern Siberia.
Other oil and gas companies in Russia are more open compared to her. For the entire period of the enterprise's existence, only once in 2001, information was leaked to the media that about a third of the treasury shares were on its balance sheet, after which there were many trials. Only 11 years later, the company re-published its IFRS reports. Information about the owners of Surgutneftegaz still remains closed.
The company was founded in 1984. Since then, its permanent general director is Vladimir Bogdanov. Thanks to him, the company has become one of the richest in the world.
Tatneft
Russian oil and gas companies are mostly not tied to any region, but not Tatneft. It is in close cooperation with the government of the Republic of Tatarstan. Moreover, largethe state enterprise Svyazinvestneftekhim owns almost a third of Tatneft's shares. The Republican government has a so-called golden share of the company, which allows it to veto all important issues. The head of the board of directors is also the president of the republic.
The company makes regular tax payments to the republican budget. Also, in addition to its core business, the company produces car tires, and in 2012 built its own refinery. Tatarstan is the main region for exploration and production of oil and gas fields.
Gazprom
The company was established back in Soviet times - in 1989. It was formed as a result of the transformation of the Ministry of Gas Industry of the Soviet Union into the state concern Gazprom. In 1993, the company was renamed RAO Gazprom, and subsequently received the status of OJSC.
The main area of activity is the production, transportation and distribution of raw gas.
Other oil and gas companies in Russia and the world do not have such a large pipeline system. Its length is 160 thousand kilometers.
The meeting of shareholders is the main body in the management of the enterprise. The Chairman of the Board of Directors is Viktor Zubkov.
Rosneft
Rosneft was founded in the post-Soviet period in 1993 as a state-owned company specializing in the extractionand processing of black gold. It included about 300 companies that existed before 1991.
In the first years of its activity, the leaders of Rosneft changed several times. The low level of production and depleted natural resources caused a reduction in sales of petroleum products.
Since 1998, a new period in the history of the company begins. At this time, Bogdanchikov became the leader, who managed to make the enterprise profitable in 2 years.
In the 2000s, the development of new deposits began: in 2002 - Kaigansko-Vasyuganskoye, in 2003 - Veninskoye, Timan-Pechora. Work began to be carried out in Eastern Siberia, Kazakhstan, Algeria. Other Russian oil and gas companies do not cover such a large field development area. Rosneft also has 4 own terminals for the export of raw materials.
Large oil and gas companies in Russia are now in an economically difficult situation. On the one hand, oil production has to be increased, while natural gas production is steadily declining. The reason for this is a decrease in demand for gas and an increase in oil in the domestic and international markets.
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