Surgutneftegaz PAO (GDR)

Surgutneftegas Public Joint Stock Company, together with its subsidiaries, explores for, produces, processes, and sells hydrocarbons, as well as sells oil and gas products. It operates through Exploration and Production, Refining and Sale, and Other Activities segments. The company explores for oil and gas in Western Siberia, Eastern Siberia, and Timan-Pechora provinces in Russia. It also processes associated petroleum gas; and refines and produces petroleum products, including motor fuels, aromatics, liquid paraffin, roofing and insulation materials, etc., as well as diesel fuel, jet fuel, bitumen, and roofing materials. In addition, the company is involved in wholesaling, retailing, and storing petroleum products, as well as the provision of supplementary services at the gas stations. Further, it provides banking, engineering, and television and radio broadcasting services; constructs buildings and structures; and manufactures wood construction products. The company was founded in 1964 and is based in Surgut, Russia.