The Company today
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 currently 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 SPE (PRMS) classification, Gazprom Neft is comparable with the largest oil companies in the world.
Leadership on the russian market
Capitalisation 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 ADRs, primarily in OTC trading in the UK via the LSE IOB system, 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.
- 1Efficiency in a wide range of oil prices
Gazprom Neft’s highly efficient and balanced business model, which combines the advantages of the upstream and downstream segments, enables the Company to generate profit with oil prices at any level.
- 2Strategy implementation and future growth
The stability of the Company’s position enables Gazprom Neft to continue implementing its main development projects, which in turn creates conditions for the Company’s long-term growth and the implementation of its strategy.