Russibneft Oil Ltd

Company Description

Russibneft Oil Ltd Russibneft Oil Ltd Sibnet Russia, we have bought and managed by private entities to satisfy the demand of huge quantity supplies and exportation to our numerous buyers worldwide, meet Oil and gas,chemical,Fertilize,Matel demand in the long term bussiness relationship. Our main target is to reach the capable buyers all over planet irrespective of nation or continent. Gas has become the main source of heat and light for many countries in the world. The Russian gas industry has a significant effect on the maintenance of the energy balance in Europe. Joint Stock Company Russibneft and its refinery face fundamental challenges and far-reaching prospects.
The Company has the largest current reserves of natural gas. 52% of reservoirs under development in the Northern part of the Tyumen Region. Total initial reserves of hydrocarbon raw material made more than 10 trln. Cubic meters of gas, 260 billion tons of gas condensate and 430 billion tons of oil.
Capital investments of Russibneft Ltd grow every year. In 2005 and 6 they are expected to make a record amount around 80 billion rubles.
Russibneft owns independent licenses for the development of three largest fields:
At present Russibneft consists of nine departments ensuring hydrocarbon production. They are gas production and oil and gas production departments. Gas treatment is carried out at 13 gas processing facilities and gathering stations. At the Yamburg field fifteen workshops of booster compressor stations of the first and second stages are in operation. Russibneft has around 10000 gas and gas condensate wells. The total length of operated gas flow-lines and gathering mains is more than 85000 kilometers. Auxiliary business units secure stable company activity. They service over 500 km of hard-surface motor roads, 265 housing and community facilities in the shift settlements, 605 m 2 of serviced housing stock.
Russibneft faces the task of reforming the company with a view to increase its efficien