Surgutneftegaz

Surgutneftgaz

Native name	ОАО «Сургутнефтегаз»
Type	Public ()
Traded as	MCX: SNGS :
Industry	Oil and gas
Founded	1977 (1977)
Headquarters	Surgut, Russia
Key people	Vladimir Erokhin (Chairman) Vladimir Bogdanov (CEO)
Products	Petroleum Natural gas Oil products
Revenue	US$ 27.4 billion (2012)
Net income	US$ 5.9 billion (2012)
Number of employees	92,935
Subsidiaries	Kinef
Website	www.surgutneftegas.ru/en/

Surgutneftegaz (Russian: ОАО «Сургутнефтегаз») is a Russian oil and gas company created by merging several previously state-owned companies owning large oil and gas reserves in Western Siberia. The company's headquarters are located in Surgut, Khanty-Mansi Autonomous Okrug.

The company is believed to have still close ties to the Kremlin under Vladimir Putin. Surgutneftegas includes a large oil refinery in Kirishi, Leningrad Oblast, operated by the Kirishinefteorgsintez subsidiary. The company is also engaged in fuel retail activities in north-west Russia by cooperating with the Petersburg Fuel Company. Surgutneftegas is also a shareholder of Oneximbank (Объединённый экспортно-импортный банк). From the beginning Surgutneftegas has been led by president and director general Vladimir Bogdanov, who had run the Surgut oil fields since 1983.

Surgutneftegas was created in 1993 as a joint stock company. In 1995, the company won a tender for huge oil fields in the Khanty–Mansi Autonomous Okrug. The company also gained permission to build an export terminal in the Batareynaya Bay of the Gulf of Finland and a pipeline between it and the Kirishi refinery.

Surgutneftegas was widely believed to be behind Baikalfinansgrup which acquired YUKOS' main oil production facility Yuganskneftegaz at a controversial auction in 2004.

Surgutneftegas is the leading oil supplier to Belarus, accounting in 2006 for some 30% of the total deliveries. The company also developed its foreign contacts, including talks with Iran, Libya and pre-war Iraq on taking part in oil extraction projects.