Gazpromneft is Russia’s fourth largest oil producer and the key Arctic player. The company is a subsidiary of Gazprom and represents its oil arm. Gazpromneft’s strategy aligns closely with the Russian state objectives of developing frontier areas and the Bazhenov formation. But new technology is required to unlock large-scale unconventional production and international partners are needed to mitigate risk and share costs at frontier projects. Gazpromneft’s West Siberian and Volga-Urals asset base is also mature and production needs to be maintained. This slide pack helps you dive into Gazpromneft’s portfolio and strategy. This is the second slide pack of a series looking at Russia’s corporate landscape. Please get in touch if you have any feedback on the content and format of this report.
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