Surgutneftegas

JSC Surgutneftegas (MICEX|SNGS RTS|SNGS) is a major oil and gas joint stock company of Russia that united several previously state-owned enterprises with large oil and gas reserves in Western Siberia in 1993 after the collapse of the Soviet Union. Its headquarters are located in Surgut, Tyumen Oblast. It is believed to have close ties to the Kremlin under Vladimir Putin. [http://www.washingtonpost.com/ac2/wp-dyn/A11823-2004Dec19?language=printer] Surgutneftegas includes a large oil refinery in Kirishi, Leningrad Oblast, operated by the Kirishinefteorgsintez subsidiary. The company is also engaged in fuel retail activities in northwest Russia. It cooperates with the Petersburg Fuel Company in this field. Surgutneftegas is also a shareholder of Oneximbank.From the very beginning till now Surgutneftegas has been led by President and Director General Vladimir Bogdanov, who had run the Surgut oil fields since 1983. In 1995, the company won a tender for huge oil fields in the Khanty-Mansi Autonomous Okrug. The company also gained permission to build an export terminal in the Batareynaya Bay of the Gulf of Finland and a pipeline between it and the Kirishi refinery. Surgutneftegas was widely believed to be behind Baikalfinansgrup which acquired YUKOS' main oil production facility Yuganskneftegaz at a controversial auction in 2004. [http://www.washingtonpost.com/wp-dyn/articles/A16512-2004Dec21.html] , [http://www.washingtonpost.com/ac2/wp-dyn/A11823-2004Dec19?language=printer]

Surgutneftegas is the leading oil supplier to Belarus, accounting in 2006 for some 30% of the total deliveries. [http://www.jamestown.org/publications_details.php?volume_id=420&&issue_id=3966]

The company also developed its foreign contacts, including talks with Iran, Libya and pre-war Iraq on taking part in oil extraction projects. [http://www.jamestown.org/publications_details.php?volume_id=5&issue_id=283&article_id=3210]

Board of Directors

(as of January 2007, [http://www.surgutneftegas.ru/eng/structure_direct.xpml] )

* Alexander Usoltsev (Chairman)
* Vladimir Bogdanov (Director General)
* Sergei Ananyev
* Alexander Bulanov
* Igor Gorbunov
* Nikolai Matveev (Chief Engineer, First Deputy Director General)
* Nikolai Medvedev (Chief Geologist, Deputy Director General)
* Alexander Resyapov (Deputy Director General for Capital Construction)
* Ildus Usmanov

The company has no collegiate executive body.

Principal subsidiaries

*Surgutmebel
*Insurance Society Surgutneftegas
*Central Surgut Depositary
*Novgorodnefteprodukt
*Retail Association Pskovnefteprodukt
*Retail Association Tvernefteprodukt
*Kaliningradnefteprodukt
*Sovkhoz Chervishevskii
*Production Association Kirishinefteorgsintez
*Oil-Consulting
*Oil Company Surgutneftegas
*Surgutneftegasbank
*Invest-Zashchita
*Surgutneftestroi
*Investsibirstroi
*Surgutneftegasburenie

References and notes

External links

* [http://www.surgutneftegas.ru/eng/ Official site]
* [http://www.answers.com/topic/oao-surgutneftegaz OAO Surgutneftegas]