OJSC Surgutneftegas | Company profile from Hoover's
 
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OJSC Surgutneftegas · Surgut, Tyumen Russia · (Russian: SNGS)

Company Description

1 Kukuevitskogo St.
Surgut, Tyumen
62841-5
Russia (Map)
Phone: +7-3462-42-61-33
Fax: +7-3462-33-32-35
Rankings
  • #173 in FT Global 500
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Surgutneftegas knows that it's sure good to have oil and gas, and to have it in abundance. Based in the Siberian provincial city of Surgut, the company has emerged as one of Russia's largest integrated oil companies. Surgutneftegas has estimated proved reserves of 2.5 billion tons of oil equivalent, and produces 64.5 million tons of oil and 14.1 billion cubic meters of gas a year. The company owns and operates pipelines, refineries, about 300 gas stations, and oil storage tanks. Surgutneftegas also constructs power transmission lines and builds roads as part of its business operations. To read the full description, subscribe now.
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Key OJSC Surgutneftegas Financials

Company TypePublic - Russian: SNGS

Headquarters
Fiscal Year-EndDecember
Employees94,502

OJSC Surgutneftegas Executives

10 executives listed for OJSC Surgutneftegas's Surgut, Tyumen location.
TitleName & BioContact
ChairmanVladimir ErokhinEmail
President and General DirectorVladimir BogdanovEmail
First Deputy Director General, Finance and TaxationVladislav BarankovEmail

Competition

Competitive Landscape for OJSC Surgutneftegas
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.
Top OJSC Surgutneftegas Competitors
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