Business

The Company's reserves are located both in traditional petroleum regions (Kazakhstan, Southern European Russia, Western Siberia, and Central Russia) and new promising regions (Eastern Siberia, Far East, and Timan-Pechora).

Reserves and Resources

Geological Exploration

Krasneft lays a special emphasis on the optimal scope of exploration & appraisal activities and improvement of their efficiency to achieve replacement of commercial hydrocarbon reserves and ensure sustainable production growth in the mid- and long-term perspective.

Petroleum Refining

Krasneft incorporates twelve fully consolidated subsidiaries specializing in production and development of the fields located in Kazakhstan, Western and Eastern Siberia, Timan-Pechora, Central Russia, Southern European Russia and Russian Far East.

Production and Development

One of the most important strategic objectives of Krasneft is to ensure continuous Downstream development. The Company's main goal in this area is to increase sales of high quality, high-added value products directly to end consumers.