OJSC Gazprom Neft (together with its subsidiaries) is a vertically integrated oil company (VIOC), whose main activities include the exploration, development, production and sale of crude oil and gas, as well as oil refining and the marketing of petroleum products. As per the PRMSSPE classification, the Company’s proved reserves of hydrocarbons amount to more than 1.2 bn TOE, placing Gazprom Neft in the top 20 global producers of crude oil.
The Company operates in Russia’s largest oil- and gas-producing regions: Khanty- Mansiysk and Yamal-Nenets Autonomous Districts, and Tomsk, Omsk and Orenburg Regions. The Company’s main refining facilities are located in Omsk, Moscow and Yaroslavl Regions, and also in Serbia. In addition, OJSC Gazprom Neft has production projects outside Russia, in Iraq, Venezuela and elsewhere.