The company today

Gazprom Neft is a vertically integrated oil company (VIOC) whose principal activities include the exploration, development, production, and sale of crude oil and gas as well as oil refining and the production and sale of petroleum products.

The Company operates in Russia’s largest oil and gas regions and also has production projects outside of Russia in such countries as Iraq and Venezuela, among others. The Company’s primary refining facilities are located in Russia’s Omsk, Moscow, and Yaroslavl Regions in addition to Serbia.

Gazprom Neft is a major player on the energy market. The Company produces and supplies a broad range of petroleum products for a number of industries both in Russia and abroad.

In terms of proven hydrocarbon reserves according to PRMS-SPE classification, Gazprom Neft is comparable with the world’s largest oil companies.

8 major production projects in Russia Only includes projects for which reserves have been estimated.
>2,000 outlets in the petroleum product wholesale and retail sales network
5 oil refineries Oil refining takes place at three of the Company’s oil refineries – the Omsk Oil Refinery, Moscow Oil Refinery, and NIS. In addition, Gazprom Neft owns stakes in Slavneft-YANOS and utilizes part of the refining facilities of Mozyr Oil Refinery (only on the conditions of customer-supplied raw materials).

Regions of operation

Leadership on the Russian market

No. 1 17.38% ROE (return on equity)
No. 2 64.1% yield of light petroleum products Oil refining takes place at three of the Company’s oil refineries – the Omsk Oil Refinery, Moscow Oil Refinery, and NIS. In addition, Gazprom Neft owns stakes in Slavneft-YANOS and utilizes part of the refining facilities of Mozyr Oil Refinery (only on the conditions of customer-supplied raw materials).
No. 3 89.75 mn TOE hydrocarbon production
13.9% ROACE (return on average capital employed)
83.5% oil refining depth According to data of the Central Dispatching Department of the Fuel and Energy Complex among VIOCs.
62.43 mn t oil production
20.1 T/DAY pumped through 1 filling station in the Russia
1,051.33 RUB EBITDA per barrel of oil produced
36.69 mn t oil refining in the Russia

Capitalization and income for shareholders

The common shares of Gazprom Neft circulate in Russia on the main trading platforms of the unified exchange Moscow Exchange PJSC. Globally the Company’s shares trade in the form of American Depository Receipts (ADRs) in OTC trading in the UK via the LSE IOB system and in the U.S. via the OTCQx system as well as in other countries.

According to the dividend policy of Gazprom Neft PJSC, at least 15% of the consolidated IFRS result, or 25% of RAS net profit, is distributed for dividends. In recent years, the Company has spent 25% of its consolidated IFRS results on dividends.

1.16 RUB TN the Company’s capitalization as of 31 December 2017
50.64 RUB BN total dividends paid for 2016

Investment appeal

Well-developed innovative infrastructure

  • Multi-fold increase in the yield of fields and the incorporation of difficult reserves in production due to new technologies.
  • More new opportunities for logistics, refining, and marketing through digitalization.

Successful project management at all stages of the life cycle

  • Effective development of a mature resource base.
  • Ensuring a maximum return on investment for new projects.

High refining efficiency

  • Modernization of oil refineries with increased refining depth and yield of light petroleum products.
  • Minimization of environmental risks.