Gazprom Neft Gazprom Neft Gazprom Neft (, formerly: Sibneft), is the third largest oil producer in Russia and ranked third according to refining throughput. It is a subsidiary of Gazprom, which owns about 96% of its shares. The company is registered and headquartered in St. Petersburg after central offices were relocated from Moscow in 2011. By the end of 2012 Gazprom Neft accounted for 10% of oil and gas production and 14.6% of refining activities in Russia. Production volumes in 2012 increased by 4.3% in comparison with 2011, refining throughput grew by 7%, revenue was up 19.5% with EBITDA and net profit
Gazprom of the Gazprom Neft shares for $13.1 billion. Gazprom's ability to supply natural gas to domestic market and for reexport has relied to a large extent on imports from Central Asia. In 2007, Gazprom imported a total of from Central Asia: from Turkmenistan, from Kazakhstan, and from Uzbekistan. In particular, Gazprom purchased seventy-five percent of Turkmenistan gas exports in order to supply gas to Ukraine. In 2008, Gazprom paid $130/mcm to $180/mcm for gas from Central Asia. In 2015, Gazprom's proved and probable reserves of natural gas were , a 3.8% increase from the 2011 figure which represented 18.4% of