Surgutneftegas is a Russian major oil and gas company. It was created in 1993 by merging several previously state-owned companies with large oil and gas reserves in Western Siberia

Siberia

Siberia is an extensive region constituting almost all of Northern Asia. Comprising the central and eastern portion of the Russian Federation, it was part of the Soviet Union from its beginning, as its predecessor states, the Tsardom of Russia and the Russian Empire, conquered it during the 16th...

. The company's headquarters are located in Surgut

Surgut

Surgut is a city in Khanty-Mansi Autonomous Okrug, Russia, located on the Ob River near its junction with the Irtysh River, the largest in the autonomous okrug and the second largest in Tyumen Oblast. Population:...

, Tyumen Oblast

Tyumen Oblast

Tyumen Oblast is a federal subject of Russia . Its administrative center is the city of Tyumen. The oblast has administrative jurisdiction over two autonomous okrugs—Khanty-Mansi Autonomous Okrug and Yamalo-Nenets Autonomous Okrug. Tyumen is the largest city, with over half a million inhabitants...

.

The company is believed to have close ties to the Kremlin under Vladimir Putin

Vladimir Putin

Vladimir Vladimirovich Putin served as the second President of the Russian Federation and is the current Prime Minister of Russia, as well as chairman of United Russia and Chairman of the Council of Ministers of the Union of Russia and Belarus. He became acting President on 31 December 1999, when...

. Surgutneftegas includes a large oil refinery

Oil refinery

An oil refinery or petroleum refinery is an industrial process plant where crude oil is processed and refined into more useful petroleum products, such as gasoline, diesel fuel, asphalt base, heating oil, kerosene, and liquefied petroleum gas...

 in Kirishi

Kirishi

Kirishi is a town in Leningrad Oblast, Russia, situated on the right bank of the Volkhov River, southeast of St. Petersburg. Population: -History:...

, Leningrad Oblast

Leningrad Oblast

Leningrad Oblast is a federal subject of Russia . It was established on August 1, 1927, although it was not until 1946 that the oblast's borders had been mostly settled in their present position...

, operated by the Kirishinefteorgsintez

Kinef

Kinef is a Russian joint stock production association operating a large oil refinery based in Kirishi, Leningrad Oblast. It is a subsidiary of Surgutneftegaz. The Kirishi refinery is the only one in Northwestern Russia.Construction of the refinery had begun in 1961 in an area devastated by World...

 subsidiary. The company is also engaged in fuel retail activities in northwest Russia. It cooperates with the Petersburg Fuel Company

Petersburg Fuel Company

The Petersburg Fuel Company is a joint stock company of Saint Petersburg, Russia, specializing mostly in gasoline refining, storage, transportation and retailing, founded in September 1994, after a fuel supply crisis had hit the city hard...

 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

Vladimir Bogdanov

Vladimir Leonidovich Bogdanov is a Russian oil tycoon.Since 1993, he is the President of Surgutneftegaz, one of the largest Russian oil companies....

, 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

Khanty-Mansi Autonomous Okrug

Khanty–Mansi Autonomous Okrug , also known as Yugra, is a federal subject of Russia . Population: The people native to the region are the Khanty and the Mansi, known collectively as Ob Ugric people...

. The company also gained permission to build an export terminal in the Batareynaya Bay of the Gulf of Finland

Gulf of Finland

The Gulf of Finland is the easternmost arm of the Baltic Sea. It extends between Finland and Estonia all the way to Saint Petersburg in Russia, where the river Neva drains into it. Other major cities around the gulf include Helsinki and Tallinn...

 and a pipeline between it and the Kirishi refinery.
Surgutneftegas was widely believed to be behind Baikalfinansgrup

Baikalfinansgrup

Baikalfinansgrup is a Russian limited liability company owned by Rosneft Oil Company. It is best known as the company that won the December 19, 2004 auction for a 76.79% share in Yuganskneftegaz, formerly the core production subsidiary of Yukos Oil Company...

 which acquired YUKOS

YUKOS

OJSC "Yukos Oil Company" was a petroleum company in Russia which, until 2003, was controlled by Russian oligarch Mikhail Khodorkovsky and a number of other prominent Russian businessmen. After Yukos was bankrupted, Khodorkovsky was convicted and sent to prison.Yukos headquarters was located in...

' main oil production facility Yuganskneftegaz

Yuganskneftegaz

Yuganskneftegaz is a wholly integrated subsidiary of Rosneft that owns and operates the second largest oil production complex in Russia. It was formerly the most important production subsidiary of Yukos, but was expropriated by the Russian government and given to Rosneft, a state-owned...

 at a controversial auction in 2004.,

Surgutneftegas is the leading oil

Oil

An oil is any substance that is liquid at ambient temperatures and does not mix with water but may mix with other oils and organic solvents. This general definition includes vegetable oils, volatile essential oils, petrochemical oils, and synthetic oils....

 supplier to Belarus

Belarus

Belarus , officially the Republic of Belarus, is a landlocked country in Eastern Europe, bordered clockwise by Russia to the northeast, Ukraine to the south, Poland to the west, and Lithuania and Latvia to the northwest. Its capital is Minsk; other major cities include Brest, Grodno , Gomel ,...

, accounting in 2006 for some 30% of the total deliveries.

The company also developed its foreign contacts, including talks with Iran

Iran

Iran , officially the Islamic Republic of Iran , is a country in Southern and Western Asia. The name "Iran" has been in use natively since the Sassanian era and came into use internationally in 1935, before which the country was known to the Western world as Persia...

, Libya

Libya

Libya is an African country in the Maghreb region of North Africa bordered by the Mediterranean Sea to the north, Egypt to the east, Sudan to the southeast, Chad and Niger to the south, and Algeria and Tunisia to the west....

 and pre-war Iraq

Iraq

Iraq ; officially the Republic of Iraq is a country in Western Asia spanning most of the northwestern end of the Zagros mountain range, the eastern part of the Syrian Desert and the northern part of the Arabian Desert....

 on taking part in oil extraction projects.

According to the Hoover company review, Surgutneftegas employs more than 82.000 people and did $24 billion sales in 2007.

Board of directors

• Alexander Usoltsev (Chairman)
• Vladimir Bogdanov
  Vladimir Bogdanov
  Vladimir Leonidovich Bogdanov is a Russian oil tycoon.Since 1993, he is the President of Surgutneftegaz, one of the largest Russian oil companies....
  
   (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

External links

• Official site
• OAO Surgutneftegas
• Surgutneftegas - analytics information