Bashneft Public Joint Stock Company (BANE)

Overview

Public Joint Stock Oil Company Bashneft is a pivotal entity in the Russian oil and gas sector, with a history dating back to 1932. Positioned prominently within the industry, it is involved in a comprehensive range of activities encompassing the production, processing, and sales of oil and gas. The company's operations extend across several key regions in Russia, including the Republic of Bashkortostan, Khanty-Mansiysk Autonomous Okrug, Nenets Autonomous Okrug, Orenburg Region, and the Republic of Tatarstan. With its headquarters located in Ufa, Russia, Bashneft functions as a significant subsidiary of Public Joint Stock Company Rosneft Oil Company, thereby situating it within the orbit of one of Russia's largest oil companies. Through its extensive history and strategic operations, Bashneft has become a cornerstone in the nation's energy supply chain, contributing to both regional and national energy security.

Products and Services

• Oil and Gas Production:

  Bashneft engages in the exploration and extraction of crude oil and natural gas, ensuring a constant supply to meet both domestic and international market demands. This involves deploying advanced technologies and methods for efficient and sustainable resource extraction.

• Oil and Gas Processing:

  The company is also involved in the processing of extracted oil and gas to produce various petroleum products. This processing ensures that the raw materials are refined into usable forms, adhering to industry standards and meeting market requirements.

• Petroleum Products Sale:

  Bashneft's portfolio includes a wide range of petroleum products, such as gasoline, diesel, and jet fuel. These products are distributed for both commercial and consumer use, playing a critical role in powering various sectors of the economy.

• Petrochemical Products:

  In addition to traditional petroleum products, Bashneft produces petrochemicals that serve as vital raw materials for the chemical industry. These products are essential for manufacturing an array of goods, from plastics to synthetic fibers, highlighting Bashneft's versatility within the oil and gas sector.