Surgutneftegas Public Joint Stock Company is a Russian integrated oil and gas producer engaged across the upstream, midstream and downstream segments. Headquartered in Surgut, Tyumen Oblast, the company’s core activities include exploration, development and production of crude oil and natural gas, as well as the refining and marketing of petroleum products. Surgutneftegas holds a prominent position among Russian oil companies, supplying both domestic and export markets.
In its upstream operations, Surgutneftegas focuses primarily on fields in Western Siberia, including the Khanty-Mansi and Yamalo-Nenets Autonomous Okrugs. The company employs modern drilling and reservoir management techniques to maintain steady production levels from both mature and newly developed deposits. Exploration efforts are complemented by integrated geological studies and use of advanced seismic technologies to identify and appraise potential reserves.
On the downstream side, Surgutneftegas operates several refining facilities that produce a broad slate of petroleum products such as gasoline, diesel, jet fuel, lubricants and bitumen. Refined product output is distributed through a network of retail outlets and wholesale channels, with additional volumes exported via pipeline and seaborne routes to European and Asian customers. The company also invests in upgrading its refining complexes to improve fuel yields and reduce environmental impact.
Established by presidential decree in 1993, Surgutneftegas has grown into one of Russia’s leading oil and gas enterprises. The company’s shares are traded on the Moscow Exchange and its Global Depositary Receipts are available on international markets under the OTCMKTS: SGTZY ticker. While operations remain concentrated in Russia, Surgutneftegas continues to explore partnership opportunities abroad and to optimize its asset portfolio in response to shifting global energy dynamics.
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