11 Facts About Gazprom Neft

Gazprom Neft, is the third largest oil producer in Russia and ranked third according to refining throughput.

Gazprom Neft is registered and headquartered in St Petersburg after central offices were relocated from Moscow in 2011.

Gazprom Neft was created under the name Sibneft in 1995 by the transfer of state owned shares in Noyabrskneftegas, the Omsk Refinery, Noyabrskneftegasgeophysica and Omsknefteprodukt from Rosneft.

Gazprom Neft's contract was extended for a further five years in December 2011.

In 2012 Gazprom Neft switched from US GAAP reporting in dollars to International Financial Reporting Standards reporting in rubles.

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In spring 2011, Gazprom Neft confirmed the viability of year-round supply from the field by sea.

In 2013 Gazprom Neft donated some buses to the University in Kut, allowing students from the surrounding villages to regularly attend classes.

Gazprom Neft financed the renovation of the town medical clinic in Badra and supplied an emergency medical care unit with modern medical equipment.

Gazprom Neft is conducting a program of the retraining of Iraqi professionals to work in the field.

Gazprom Neft launched the project from the initial stage and in a short period of time was able to complete work necessary for the commencement of commercial production at one of the most challenging fields in Iraq.

However, Gazprom Neft cancelled this deal in 2005 after Gazprom bought a majority stake in fellow Russian Premier Division football side, FC Zenit Saint Petersburg.