(, ; , , ) is an integrated oil company majority owned by the Government of Russia
. Rosneft is headquartered in Moscow’s Balchug
district near the Kremlin
, across the Moskva river
. Rosneft became Russia's leading extraction and refinement company after purchasing assets of former oil giant Yukos
at state-run auctions.
Rosneft conducts oil and gas exploration and production activities on Sakhalin
, Timan-Pechora field
and southern Russia, including Chechnya. It owns and operates two refineries. The refinery in Tuapse
, on the Black Sea
, focuses on refining high-gravity oil from western Siberia. Another plant in Komsomolsk-on-Amur
is the easternmost refinery in Russia. The Komsomolsk
Refinery benefits from its technological integration with Nakhodkanefteprodukt
, while the Tuapse Refinery is noted for its favorable location on the Black Sea coast and is part of an integrated complex with Tuapsenefteprodukt
. Rosneft operates shipping (Arkhangelsknefteprodukt
and marketing companies. As of 29 December 2006, the company’s market value was US$83.908 billion. Rosneft is 75.16% owned by the Russian state, while around 15% of the shares are in free......