Gazprom Neft

PAO (PJSC) Gazprom Neft
Native name
ПАО «Газпром нефть»
Company typeState-owned company
Subsidiary
Public (OAO)
IndustryOil and gas
PredecessorSibneft
Founded1995 (1995)
Headquarters,
Key people
ProductsPetroleum
Revenue$41.7 billion (2021)
$7.62 billion (2021)
$7.05 billion (2021)
Total assets$67.4 billion (2021)
Total equity$34.5 billion (2021)
OwnerGazprom (95.68%)
Number of employees
55,900 (2012)
SubsidiariesGazpromneft-Khantos
Gazpromneft-Noyabrskneftegaz
Gazpromneft-Yamal
Gazpromneft-Vostok
Gazpromneft NTC
Gazprom Neft Shelf
Evrotek-Yugra
Tsentr Naukoemkikh Tekhnologiy
Salym Petroleum Development
Naftna Industrija Srbije (NIS)
Websitewww.gazprom-neft.com

Gazprom Neft (Russian: Газпром Нефть; formerly Sibneft, Russian: Сибнефть) is the third largest oil producer in Russia and ranked third according to refining throughput. It is a subsidiary of Gazprom, which owns about 96% of its shares. The company is registered and headquartered in St. Petersburg after central offices were relocated from Moscow in 2011.

By the end of 2012 Gazprom Neft accounted for 10% of oil and gas production and 14.6% of refining activities in Russia. Production volumes in 2012 increased by 4.3% in comparison with 2011, refining throughput grew by 7%, revenue was up 19.5% with EBITDA and net profit advancing by 7.7% and 9.9% accordingly.