Gazprom neft is the leading vertically integrated oil company in Russia The main areas of Gazprom neft’s business activity include oil production, oil refining and marketing of petroleum products. It is the 5th largest oil company in Russia measured by oil production.
Gazprom neft is currently rated BBB- (stable) by Standard & Poor’s following an upgrade on 9 January 2008, and Ba1 (positive) by Moody’s. Gazprom neft is 75.68% owned by the Gazprom group
In 2007, Gazprom neft’s oil production totalled 32,7 million tons, with refining throughput of 26,2 million tons. According to US GAAP, Total Revenues for the full year 2007 were US$21,100 million. EBITDA was US$5,828 million, with Net Income of US$4,143 million.
In 2007 Gazprom neft was the most efficient company in terms of EBITDA/bbl that amounts to US$ 24,34/bbl.