Surgutneftegas

History

Surgutneftegas was established in 1994 as a joint-stock company. In 1995, the company won a tender for huge oil fields in the Khanty–Mansi Autonomous Okrug. The company also gained permission to build an export terminal in the Batareynaya Bay of the Gulf of Finland and a pipeline between it and the Kirishi oil refinery.

Surgutneftegas was widely believed to be behind Baikalfinansgrup which acquired YUKOS' main oil production facility Yuganskneftegaz at a controversial auction in 2004.

Operations

Surgutneftegas is the leading oil supplier to Belarus, accounting in 2006 for some 30% of the total deliveries. | author-link = Vladimir Socor | access-date=2012-04-04}} The company also developed its foreign contacts, including talks with Iran, Libya, and pre-war Iraq on taking part in oil extraction projects. | access-date=2012-04-04}}

According to the Hoover company review, Surgutneftegas employs more than 82,000 people and generated $24 billion in sales in 2007. In 2018, the company's revenue amounted to 1.5 trillion rubles.

Kirish oil refinery

Main article: Kinef

The Kirish oil refinery, also known as Kirishnefteorgsintez, was constructed by the Soviet Union and subsequently incorporated into OOO Surgutneftegas, where it was renamed OOO Industrial Enterprise Kirishnefteorgsintez (OOO KINEF) in 1993. Construction of the Kirishi oil refinery was launched in 1961 in the town of Kirishi, Leningrad Region. The first phase of the refinery was commissioned in March 1966. The refinery was designed to cover the fuel needs of the north-western region of the Soviet Union. The conversion level of the refinery was not very high, resulting in a high degree of masut (residue) production. The latter was also delivered to the Baltic states, Belarus, and Ukraine.

In 1980, the plant underwent reconstruction and began operating a diesel hydrotreating unit with a capacity of 2 million tonnes per year. The central fractionation tower K-5, weighing 335.2 tons, with a diameter of 5 m and a length of 62 m, was delivered by "Spetstyazhavtotrans" from the factory "Dzerzhinskhimmash".

References

References

1. "OJSC ?Surgutneftegas? - History".
2. "Forbes Global 2000".
3. Латынина, Юлия (Latynina, Yulia). (27 November 2008). ""Мартышки" с административным ресурсом: Странно устроено Российское государство: хотели разобраться с иностранным инвестором, а из бюджета страны пропало 5,4 млрд рублей". [[Novaya Gazeta.
4. (20 December 2004). "A Surprise Bidder Buys Yukos Unit". The Washington Post.
5. (22 December 2004). "Putin: Sale of Yukos Unit Legal". The Washington Post.
6. (21 October 2010). "Hoovers Company Review, Surgutneftegas". Hoovers.com.
7. "ПАО "Сургутнефтегаз"".