JSC Gazprom Neft has commenced trading oil products at St. Petersburg international commodity exchange and plans regular trading there, the company reports.
The prices of transactions made through electronic trading are the level of prices set by the company’s sales divisions.
As of today over 340 customers are registered at the electronic site. 180,000 tonnes of oil products have been sold from the beginning of its existence.
JSC Gazprom Neft is an oil producing subsidiary of JSC Gazprom holding 75% of the company. 20% of Gazprom Neft is held by ENI and Enel consortium. Gazprom has an option for purchase of this share. Authorized capital of Gazprom Neft makes RUR 7,586,079.4224. Gazprom Neft has over 60 licenses for research and development of oil- and gas-bearing fields in Khanty-Mansiysk Autonomous District, Yamalo-Nenets Autonomous District, Tomsk and Omsk Regions, and Chukotka Autonomous District.
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