Gazprom Neft is a vertically integrated oil company, primarily engaged in oil and gas exploration and production, refining, and the production and sale of petroleum products.
The Gazprom Neft Group of Companies comprises more than 70 production, refining and sales subsidiaries throughout Russia, the CIS, and abroad. As at 31 December 2017 Gazprom Neft’s total hydrocarbon proved and probable (2P) reserves (SPE-PRMS standards), including shares in production at joint enterprises, stood at 2.78 billion tonnes of oil equivalent (btoe).
The correlation between production and refining at Gazprom Neft is among the best in the industry in Russia. In terms of production and refining volumes Gazprom Neft is one of the top three Russia companies.
Gazprom Neft operates throughout Russia’s most important oil and gas regions, including the Khanty-Mansi and Yamalo-Nenets Autonomous Okrugs, and in the Tomsk, Omsk and Orenburg Oblasts. The company’s key refining facilities are located around Omsk, Moscow and Yaroslavl, and in Serbia. In addition to this, Gazprom Neft is also implementing production projects outside of Russia — in Iraq, Venezuela, and other countries.
Gazprom Neft exports to more than 50 countries worldwide, as well as selling its products throughout Russia and abroad through its own extensive retail network.
The company currently has 1,859 filling stations throughout Russia, the CIS and Europe.
Gazprom Neft’s net profit for the 2017 financial year totalled RUB253 billion, a year-on-year increase of 26.5 percent. Adjusted EBITDA increased to RUB551 billion in 2017 — a year-on-year increase of 20.8 percent.
Gazprom Neft’s net profit in 2016 was RUB200 billion, a year-on-year increase of 82.5 percent. Adjusted EBITDA increased to RUB456 billion — up 12.7 percent on 2015.
Gazprom Neft’s largest shareholder is Gazprom (95.68 percent). The remaining shares are in free float.
(as at 31 December 2017)
|Net Profit (RUB, billions)||253|
|Adjusted EBITDA (RUB, billions)||551|
|Proved hydrocarbon reserves (proved + probable — 2P, btoe)||2.78|
|Reserves replacement ratio||170%|
|Oil production (including production through joint enterprises and/or affiliates, mtoe)||89.75|
|Total refining volumes (mt)||40.11|
|Total sales of petroleum products (Russia, million tonnes)||26.13|
|Sales volumes through filling stations (million tonnes)||11.04|
|Average daily sales per filling station (Russia, tonnes)||20.2|