Bashneft
Encyclopedia
Bashneft is a Russian
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...

 oil company. It is one of the largest producer of oil products in the country. The company operates 140 oil and natural gas fields in Russia
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...

 and has an annual oil production of 16 million tonnes. Bashneft owns three oil refineries located in Ufa
Ufa
-Demographics:Nationally, dominated by Russian , Bashkirs and Tatars . In addition, numerous are Ukrainians , Chuvash , Mari , Belarusians , Mordovians , Armenian , Germans , Jews , Azeris .-Government and administration:Local...

 with a combined capacity of 820000 oilbbl/d and 100 petrol stations. The Russian holding Sistema
Sistema
AFK Sistema is a large Russian conglomerate company, headed by Vladimir Yevtushenkov. In March 2006, Yevtushenkov controlled 62% of the shares in Sistema....

bought a controlling stake in Bashneft in March 2009 for US$ 2.5 billion.

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