December 29, 2014 1:10 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Open Joint-Stock Oil and Gas Company Slavneft

Company Overview

Open Joint-Stock Oil and Gas Company Slavneft is engaged in the exploration, development, production, refining, and selling of oil in the Russia Federation. The company holds licenses for exploration, and oil and gas production at 31 license areas located in West Siberia and the Krasnoyarsk regions. It also operates two oil refineries in the Yaroslavl region and the Republic of Belarus, which process crude hydrocarbons. The company was founded in 1994 and is based in Moscow, the Russian Federation. Open Joint-Stock Oil and Gas Company Slavneft operates as a subsidiary of OOO Invest-Oil.

4, 4th Lesnoy lane

Moscow,  125047


Founded in 1994


7 495 787 8206


7 495 777 7317

Key Executives for Open Joint-Stock Oil and Gas Company Slavneft

Chairman of Management Board and President
Age: 51
Head of the Accounting & Tax Control Block and Member of Management Board
Age: 47
Chief Auditor
Chief Accountant
Deputy Chief Executive Officer for Administration
Age: 48
Compensation as of Fiscal Year 2014.

Open Joint-Stock Oil and Gas Company Slavneft Key Developments

Slavneft Reports Earnings Results for the Nine Months of 2014

Slavneft reported earnings results for the nine months of 2014. The nine-month net profit at Slavneft rallied down (RAS) 95% to RUB 895 million from RUB 17.179 billion. The revenues moved up 4% to RUB 8.085 billion from RUB 7.747 billion; gross profit being up 3% to RUB 1.616 billion from RUB 1.572 billion.

Slavneft NGK OAO Signs Service Contract with Rosneft NK OAO

On September 22, 2014, Slavneft NGK OAO (Moscow) signed an interested-party deal, a contract for provision of freight forwarding services with Rosneft NK OAO (the customer). The deal value was up to RUB 3,106,166,421 (VAT included). Term of the deal from November 1, 2014 to December 31, 2014.

Gazprom Neft Approves Oil Supply Contract with Open Joint-Stock Oil and Gas Company Slavneft

The Board of Directors of Gazprom Neft OAO (St Petersburg) on June 27, 2014 approved an interested-party deal, an oil supply contract with Open Joint-Stock Oil and Gas Company Slavneft. According to the contract, Slavneft is to supply 252,231 tonnes of oil to the company between January 1, 2014 and December 31, 2014. The deal is value up to RUB 3,531,234,000 (VAT included).

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