Page 28-29 - Bashneft Report Eng Final

Basic HTML Version

26
growth
growth
27
EXPLORATION
& PRODUCTION
REFINING
& PETROCHEMISTRY
MARKETING
About the Company
Structure
Structure of Bashneft Group’s business
JSOC Bashneft, together with its subsidiaries, is one of Russia’s ten largest
oil-producing companies. The main activities of JSOC Bashneft are oil and
gas exploration and production, the production of petroleum products and
petrochemicals, as well as marketing of the products. The organizational
structure of the Group is determined by its main activities and comprises
three large segments: oil and gas production, refining and marketing of
petroleum products.
Structure of Bashneft Group’s Business
KEYS TO BUSINESS EFFICIENCY
Bashneft-Dobycha
Bashmineral
Zirgan
Geoneft
BashNIPIneft
Bashneft-Polyus
Ufaneftekhim
Ufimsky Refinery Plant
NOVOIL
Ufaorgsintez
Bashkirnefteprodukt
Orenburgnefteprodukt
Bashneft-Region
Bashneft-Udmurtia
Bashneft-Trans
LLC SKON Group of Companies
Exploration and production
is represented
by six subsidiaries that specialize in geologi-
cal exploration, drilling, hydrocarbon production
and research and development. LLC Bashneft-
Dobycha, accounting for approximately 99% of
Bashneft Group’s production, comprises six oil
and gas production departments (Ishimbayneft,
Krasnokholmskneft, Ufaneft, Chekmagushneft,
Arlanneft, Tuimazaneft) operating at the Group’s
largest oilfields in the Republic of Bashkortostan
(Arlanskoye, Yugomashevskoye, Tuimazinskoye,
Chetyrmanskoye, Tatyshlinskoye and others).
LLC Bashmineral and LLC Zirgan also produce
hydrocarbons in this crucial region. LLC Geoneft
produces oil in the Orenburg region. The shares of
these companies in the Group’s annual production
and residual commercial reserves amount to 1.1%
and 1.4%, respectively. LLC BashNIPIneft is an
R&D institute supporting Bashneft Group’s main
businesses related to oil production. LLC Bash-
NIPIneft conducts research in geology, exploration
and development of oilfields, drilling, production
and gathering of oil and gas, as well as environ-
mental protection.
Bashneft Group’s refining capacities
in-
clude three refineries, OJSC Ufaneftekhim, OJSC
Ufimsky refinery plant and OJSC Novoil, as well
as OJSC Ufaorgsintez, a petrochemical plant. The
major part of the produced petroleum products is
sold on the domestic market. More than 90% of
total sales is represented by wholesale deliveries.
As of the end of 2011,
Bashneft Group’s
retail network
comprises OJSC Bashkirneft-
eprodukt, OJSC Orenburgnefteprodukt, the LLC
SKON Group of Companies and OJSC BN-Neft-
eprodukt (which owns CJSC Bashneft-Region and
LLC Bashneft-Udmurtia).
JSOC Bashneft and its subsidiaries have their own
transportation infrastructure. In November 2010,
LLC Bashneft-Trans, a wholly owned subsidiary,
was established to consolidate the transportation
assets of the Group’s main enterprises.