The development of the oil and gas industry is one of the main aspects of the economy of our country. The share of Russian hydrocarbon raw materials on a global scale is more than 10%. The key role in this matter is played, of course, by Russian oil and gas companies. Here are 5 main enterprises from this list.
Oil and gas companies of Russia: list
The largest Russian enterprises in this industry include:
- Lukoil.
- Tatneft
- Surgutneftegas.
- Gazprom
- Rosneft
Lukoil
The history of the enterprise begins back in 1991, when the state concern LangepasUrayKogalymneft was created, subsequently renamed Lukoil. In 1994, the company was privatized, as a result of which its largest shareholder was Vagit Alekperov.
The company's field of activity is the production, exploration, processing and sale of natural gas and oil.
Other Russian oil and gas companies owe much to Lukoil, as it has become a pioneer in this area. The first steps to the foreign market were made precisely by Lukoil, while work is ongoing in more than 20 countries. The company also participates in international projects for the extraction and exploration of commercial raw materials.
Now Lukoil is developing shelf deposits in the Baltic, Barents and Caspian seas.
Surgutneftegaz
The company “Surgutneftegas” is engaged in geological exploration, production, processing and sale of hydrocarbons. Oil and gas are produced in Western and Eastern Siberia.
Other Russian oil and gas companies are more open than it is. For the entire period of the enterprise’s existence, only once in 2001 did the media leak information that approximately one third of the treasury shares were listed on its balance sheet, after which there were a lot of litigation. Only 11 years later, the company re-published IFRS reports. Until now, information about the owners of Surgutneftegaz remains closed.
The company was founded in 1984. Since then, Vladimir Bogdanov has been its permanent general director. Thanks to him, the company has become one of the richest in the world.
Tatneft
Most Russian oil and gas companies are not tied to any region, but not Tatneft. She is in close cooperation with the government of the Republic of Tatarstan. Moreover, the large state-owned enterprise Svyazinvestneftekhim owns almost a third of Tatneft's shares. The republican government has the so-called golden share of the company, which allows you to impose a veto on 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. 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 created 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 extraction, transportation and distribution of gas raw materials.
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
The Rosneft enterprise was founded in the post-Soviet period in 1993 as a state-owned company specializing in the extraction and 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 decrease in the volume of sales of petroleum products.
Since 1998 begins a new period in the history of the enterprise. At this time, Bogdanchikov became the leader, who managed to make the enterprise profitable in 2 years.
In the 2000s, development of new deposits begins: in 2002 - the Kaygan-Vasyugan, in 2003 - the Veninsky, 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 area of field development. 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 gas demand and an increase in oil in the domestic and international markets.