Varyeganneftegaz PJSC (VJGZ)
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Varyeganneftegaz PJSC Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Mr. Igor Vladimirovich Oneshko CEO | MOEX Exchange | X9687N104 CUSIP |
| Russia Country | 1,636 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Public Joint Stock Company Varyoganneftegaz is a significant player in the oil and gas industry of Russia, specializing in the discovery, exploration, extraction, production, and marketing of oil, natural gas, and gas condensate. Founded in 1993, this company has established its base in Raduzhny, Russia. As a crucial subsidiary of Independent Oil And Gas Company-Holding, LLC, Varyoganneftegaz consolidates its strategic position in the Russian energy sector by leveraging its parent company's resources and expertise. Its extensive experience and operational capabilities in the oil and natural gas segments underscore its pivotal role in meeting the energy demands and contributing to the energy security of Russia and beyond.
Products and Services
Public Joint Stock Company Varyoganneftegaz provides a wide array of products and services in the oil and gas sector, catering to the growing energy needs. These include:
- Oil Exploration and Production:
- Natural Gas Exploration and Production:
- Gas Condensate Production and Sale:
The core activity of Varyoganneftegaz revolves around the exploration and production of oil. Utilizing advanced technological methods and innovative techniques, the company identifies oil-rich regions, conducts thorough explorations, and efficiently extracts oil. This not only ensures a stable supply of crude oil to domestic and international markets but also strengthens the company's position in the energy industry.
In addition to oil, Varyoganneftegaz is deeply involved in the exploration and production of natural gas. By tapping into natural gas reserves, the company contributes significantly to fulfilling the energy requirements of various sectors, promoting the use of cleaner energy sources, and reducing environmental impact. Its operations in this area are crucial for ensuring energy security and supporting sustainable development goals.
Gas condensate, a valuable by-product of gas production, is another key focus for Varyoganneftegaz. The company efficiently extracts gas condensate during natural gas production, processes it, and then markets it to a wide range of industries, including the petrochemical industry. This not only diversifies the company's product portfolio but also enhances its revenue streams and market competitiveness.
