Alliance Oil Company Ltd (OTCMKTS:ALIOF) is a Russia-based integrated oil and gas company engaged in upstream, midstream and downstream activities. The company’s upstream operations focus on the exploration and production of crude oil and natural gas in key hydrocarbon provinces of Western Siberia and the Volga-Ural region. Alliance Oil holds a portfolio of exploration and production licenses covering several onshore fields, leveraging modern drilling, reservoir management and enhanced recovery techniques to optimize output and extend field life.
In its midstream segment, Alliance Oil Company provides transportation and logistics services for the movement of crude oil and petroleum products. The company has developed a network of proprietary rail terminals and storage depots, complemented by access agreements with Russia’s main trunk pipelines. This infrastructure platform supports the efficient export of crude oil to international markets as well as the domestic delivery of refined products. Alliance Oil also maintains a downstream presence through a chain of fuel retail stations, serving motorists across multiple Russian regions under its proprietary brand.
Since its foundation in the mid-1990s, Alliance Oil Company has expanded both organically and through strategic partnerships. The firm is part of a diversified industrial group and collaborates with regional authorities and international service providers to implement advanced technologies in seismic surveying, horizontal drilling and digital field management. Its export portfolio includes shipments of crude and diesel fuel to Europe and Asia, where it benefits from long-term contracts and spot sales to third-party refiners and trading houses.
The company’s leadership team is headed by CEO Vladimir Erchak, who brings extensive experience in upstream development, logistics and capital markets. Under his guidance, Alliance Oil has pursued an active program of asset optimization and cost rationalization, focusing on improving operational efficiency and reducing environmental impact. The board and management continue to advance the company’s growth strategy, emphasizing resource development, infrastructure expansion and strategic diversification across the full energy value chain.
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