Krasnodarneftegaz

Krasnodarneftegaz was established in 1992 and later became part of Rosneft. The company operates in the Krasnodar region of Southern Russia, where crude oil has been produced since 1943. Krasnodarneftegaz is currently the major upstream company in the region, and is also Rosneft’s second largest gas producer after Purneftegaz. In 2009, the company accounted for 23.1 % of Rosneft’s total gas output (including the share in production by affiliates).

Krasnodarneftegaz is carrying out hydrocarbon exploration, development, and production at about 50 licensed blocks. As the majority of its fields are significantly depleted, the company makes extensive use of advanced recovery methods to maintain consistent oil flow rates. Krasnodarneftegaz’s key competitive advantage is its proximity to the shortest Black Sea transport routes, which enables efficient crude oil exports to the international market.

Krasnodarneftegaz’s crude is transported via field pipelines to the Transneft’s system for further export either via Transneft’s Black Sea terminals or the CPC pipeline. Alternatively, crude oil can be delivered for processing to Rosneft’s Tuapse Refinery.

In 2009, Krasnodarneftegaz produced 7.7 mln barrels (1.05 mln tonnes) of crude oil and 2.93 bcm of gas.

Krasnodarneftegaz’s reserves (PRMS, DeGolyer & MacNaughton, as of December 31, 2009)

Krasnodarneftegaz’s hydrocarbon production

Krasnodarneftegaz’s operating highlights

Contact Information

Full name: LLC Krasnodarneftegaz

General Director: Nikolay Kovalyov

Address: 36 Komsomolskaya st., Krasnodar region, Krasnodar 350063, Russia

Tel: +7 (861) 211-53-33
Fax: +7 (861) 268-09-75

E-mail: mail@rkng.ru