| Gazprom neft till 2005 carried the name “Sibneft”. In 2005 the controlling interest “Sibneft” has been bought by “Gazprom” then the company has replaced the name. The management of “Gazprom” has made decision to keep independence “Gazprom neft”.
Originally was under Boris Berezovsky’s control, further the company has passed under Roman Abramovich’s control. In 2005 75,7 % of shares of company it has been got by “Gazprom” at Millhouse Capital (the structure belonging to Abramovich) for $13,1 billion. It guarantees the companies support from state bodies and the minimum political risks.
The resource base “Gazprom neft” is in a good condition. Except the deposits which have got from “Sibneft”, “Gazprom neft” conducts working out of oil deposits of “Gazprom”. It is expected that in the long term “Gazprom” will transfer “Gazprom neft” all sites on which there are stocks of liquid hydrocarbons.
|Aleksandr Dukov – CEO of Gaspromneft|
Omsk “Gazprom neft ” – one of the best in the branch on quality of oil products. The company pays much attention to modernization of its technological installations. Besides, “Gazprom neft” on parity conditions with “the Moscow oil and gas company” owns Moscow NPZ Holdings, exercising administration MoscowNPZ. Participation in management Moscow NPZ gives “Gazprom neft” access to the capital market of oil products most favourable in Russia.
“Gazprom neft” actively develops marketing divisions. The company has created Joint-Stock Company “Gazpromneft-avia” for aviation fuel realization at the airports and “Marin Bunker” for sale of ship fuel in the sea and river ports. Fuel realization it is direct to consumers considerably raises efficiency of the sale of oil products.
“Gazprom neft” together with the multinational corporation-BP owns company “Slavneft” got in 2002. At first partners planned to divide company actives between themselves. However, for the last years it was possible to divide only the marketing enterprises. “Gazprom neft” and the multinational corporations-BP have agreed to share other actives of “Slavneft” which has remained on the balance of the company.
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In April, 2008 “Gazprom neft” has started in pre-production operation an electronic trading platform for realization of oil products. Since autumn of 2008 the company has begun carrying out of the regular auctions.
Company’s financial results
|Revenue 2008, USD mln||6 121||9 102||12 492||14 646||19 483|
|Gross profit, USD mln.||3 025||3 283||3 869||4 480||5 122|
|Net income 2008, USD mln||1 519||1 416||2 094||2 649||2 350|
Official website: www.gazprom-neft.com