RussNeft

Index Assets
RussNeft
PJSC RussNeft is the only major oil company in Russia created as a result of consolidating marketable assets, rather than by going private. It is the sixth-largest oil company in Russia in terms of crude production volume. RussNeft has a balanced asset portfolio in the key oil- and gas-bearing regions: the Volga Region, Western and Central Siberia.

The company was founded in 2002 and held an IPO of ordinary shares on the Moscow Exchange in 2016.


“The company runs like a Swiss watch—faultlessly and on time.”
EVGENY TOLOCHEK, PRESIDENT OF PJSC RUSSNEFT






PJSC SFI holds 11.1% of RussNeft shares

Performance

RUB 47.7 billion
Revenue as of Q1 2021
RUB 6.2 billion
Net profit as of Q1 2021
32.6 million tons
Growth in oil reserves as of January 1, 2021

Development strategy

The company’s strategy aims at achieving a 2–4% annual growth in crude oil production in the next five years, not accounting for limitations placed by the OPEC+. The strategy anticipates that hard-to-recover and unconventional oil will ultimately make up the reserve portfolio.

Go to russneft.ru