Surgutneftegas

{{Short description|Russian oil and gas company}}

{{Use dmy dates|date=May 2020}}

{{Infobox company

| name = Surgutneftgas

| native_name = ПАО «Сургутнефтегаз»

| native_name_lang = ru

| logo = Surgutneftegas - Logo.svg

| caption =

| type = Public limited company

| traded_as = {{MICEX-RTS|SNGS}}
{{lse|SGGD}}

| fate =

| predecessor =

| successor =

| foundation = {{Start date and age|df=yes|1993}}{{cite web |url=http://www.surgutneftegas.ru/en/about/history |title=OJSC ?Surgutneftegas? - History |access-date=2017-11-07 |url-status=dead |archive-url=https://web.archive.org/web/20171105095328/http://www.surgutneftegas.ru/en/about/history |archive-date=5 November 2017}}

| founder =

| location_city = Surgut

| location_country = Russia

| locations =

| area_served =

| key_people = Vladimir Bogdanov (CEO)

| industry = Oil and gas

| products = Petroleum
Natural gas
Oil products

| services =

| revenue = {{Wikidata revenue|revenue|USD}}{{Wikidata revenue|revenue|ref}}

| revenue_year = {{Wikidata revenue|revenue|year}}

| operating_income = {{Wikidata revenue|operating_income|USD}}{{Wikidata revenue|operating_income|ref}}

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| assets = {{Wikidata revenue|assets|USD}}{{Wikidata revenue|assets|ref}}

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| equity = {{Wikidata revenue|equity|USD}}{{Wikidata revenue|equity|ref}}

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| owner =

| num_employees = 92,935

| parent =

| divisions =

| subsid = Kinef

| homepage = {{URL|https://www.surgutneftegas.ru/en/}}

| footnotes =

| intl =

}}

File:Surgutneftegut.jpg]]

Surgutneftegas ({{lang-rus|ПАО «Сургутнефтегаз»|p=sʊrɡʊtnʲɪftʲɪˈɡas}}) is a Russian oil and gas company created by merging several previously state-owned companies owning large oil and gas reserves in Western Siberia. The company's headquarters are located in Surgut, Khanty-Mansi Autonomous Okrug. In the 2020 Forbes Global 2000, Surgutneftgas was ranked as the 251st-largest public company in the world.{{cite web | url= https://www.forbes.com/companies/surgutneftegas/#739c07354660 | title= Forbes Global 2000 | website= Forbes | access-date = 31 October 2020}}

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 north-west Russia by cooperating with the Petersburg Fuel Company. Surgutneftegas is also a shareholder of Oneximbank (Объединённый экспортно-импортный банк).

From the beginning Surgutneftegas has been led by president and director general Vladimir Bogdanov, who had run the Surgut oil fields since 1983.

According to Stanislav Belkovsky, Vladimir Putin is the beneficial owner of Surguneftegas.{{cite news |last=Латынина |first=Юлия (Latynina, Yulia) |author-link=Yulia Latynina |url=https://novayagazeta.ru/data/2008/88/13.html |title="Мартышки" с административным ресурсом: Странно устроено Российское государство: хотели разобраться с иностранным инвестором, а из бюджета страны пропало 5,4 млрд рублей |trans-title="Monkeys" with administrative resources: The structure of the Russian state is strange: they wanted to deal with a foreign investor, but 5.4 billion rubles disappeared from the country's budget |language=ru |work=Новая газета |date=27 November 2008 |access-date=20 October 2023 |archive-date=2 December 2008 |archive-url=https://web.archive.org/web/20081202233129/https://novayagazeta.ru/data/2008/88/13.html}} [https://www.compromat.ru/page_23653.htm Alternate archive]

History

Surgutneftegas was created in 1994 as a joint stock company. 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 oil refinery.{{Citation needed|date=February 2021}}

Surgutneftegas was widely believed to be behind Baikalfinansgrup which acquired YUKOS' main oil production facility Yuganskneftegaz at a controversial auction in 2004.{{cite news |url=https://www.washingtonpost.com/ac2/wp-dyn/A11823-2004Dec19?language=printer |title=A Surprise Bidder Buys Yukos Unit |newspaper =The Washington Post |date=20 December 2004 |access-date=14 May 2011}}{{cite news|url=https://www.washingtonpost.com/wp-dyn/articles/A16512-2004Dec21.html |title=Putin: Sale of Yukos Unit Legal |newspaper=The Washington Post |date=22 December 2004 |access-date=14 May 2011}}

Operations

Surgutneftegas is the leading oil supplier to Belarus, accounting in 2006 for some 30% of the total deliveries.

{{cite news

| publisher = The Jamestown Foundation

| newspaper = Eurasia Daily Monitor

| first = Vladimir | last = Socor

| author-link = Vladimir Socor

| url= http://www.jamestown.org/single/?no_cache=1&tx_ttnews%5Btt_news%5D=32363

| title= Belarus Transit Tax Retaliates To Russian Customs Tax on Oil Exports

| date=2007-01-08

| access-date=2012-04-04}}

The company also developed its foreign contacts, including talks with Iran, Libya and pre-war Iraq on taking part in oil extraction projects.

{{cite news

| publisher = The Jamestown Foundation

| newspaper = Eurasia Daily Monitor

| first = Sergei| last = Kolchin

| url= http://www.jamestown.org/single/?no_cache=1&tx_ttnews%5Btt_news%5D=7313

| title= Russia's largest oil companies. The situation today

| date=1998-06-12

| access-date=2012-04-04}}

According to the Hoover company review, Surgutneftegas employs more than 82,000 people and made $24 billion sales in 2007.{{cite web|url=http://www.hoovers.com/surgutneftegas/--ID__55419--/free-co-factsheet.xhtml |title=Hoovers Company Review, Surgutneftegas |publisher=Hoovers.com |date=21 October 2010 |access-date=14 May 2011}} In 2018 , the company 's revenue amounted to 1.5 trillion rubles.{{Cite web |title=ПАО "Сургутнефтегаз" |url=https://www.rusprofile.ru/id/1016624 |access-date=2023-09-10 |website=www.rusprofile.ru |language=ru}}

Kirish Oil Refinery

{{Main|Kinef}}

Construction of the Kirishi oil refinery was launched in 1961 in the town of Kirishi, Leningrad Region. The first phase of the refinery was commissioned in March 1966. The refinery was designed to cover the fuel needs of the north-western region of the Soviet Union. The conversion level of the refinery was not very deep, with a high degree of masut (residue) production. The latter was also delivered to the Baltic states, Belarus, and Ukraine.{{Citation needed|date=February 2021}}

In 1980 the plant was reconstructed and started diesel hydrotreating unit with capacity of two million tonnes per year. The main fractionation tower K-5 weighing 335.2 tons, diameter of 5 m and a length of 62 m was delivered by "Spetstyazhavtotrans" from the factory "Dzerzhinskhimmash".{{Citation needed|date=February 2021}}

In 1993, the refinery was incorporated into the OOO Surgutneftegas and renamed as the OOO Industrial Enterprise Kirishnefteorgsintez (OOO KINEF).{{Citation needed|date=February 2021}}

See also

{{Portal|Russia|Energy|Companies}}

References

{{Reflist}}