The third Gazprom Neft Cup KHL Youth Hockey Ice Tournament was held from October 2 — 4, 2009 at the Salekhard Ice Palace.

Competing for the Cup were six teams: HC Avangard (Omsk Oblast), Yamal-98 and Yamal-99 (Yamalo-Nenets Autonomous Okrug), HC Gazovik (Tyumen Oblast), HC Neftyanik-Yugra (Khanty-Mansi Autonomous Okrug), and Silver Lions (St Petersburg).

In keeping with tradition, the opening ceremony saw a friendly between “Elite Yamal” and the “USSR Hockey Legends”, as well as an ice show with Olympic ice dance champions Roman Kostomarov and Tatiana Navka, Elena Leonova and Andrei Hvalko, and Elena Yovanovich and Konstantin Gavrin.

The Gazprom Neft Cup was won by the HC Silver Lions team (St Petersburg), with HC Avangard (Omsk Oblast) in second place and Yamal-98 (Yamalo-Nenetsk Autonomous Okrug) third.