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OAO IRKUTSNEFT

Rossiiskaya str., 12
Irkutsk, , 664025
Russia

Tel: +7(926)9387235
Fax: +7(926)9387212
Website: http://irkutsneft.ru

Contact: Petr Orlov, Export Director
Email: Send Inquiry


Type of Business: Manufacturer, Distributor/Wholesaler, Exporter
Employees: 1700
Year Established: 2000
Certification: ISO 9000/9001/9004/19011, ISO/TS 16949
Annual Sales Volume: greater than $500M
Export Percentage: 81-100%
Annual Purchasing Volume: $75M to $199M
Ownership Type: Corporation
Bank Ref: OAO SBERBANK
Harmonized System Codes: 2709

Business Message

Irkutsk Oil Company was established in November, 2000 by uniting several small oil and gas producers operating in Irkutsk region. Irkutsk Oil Company was the first in the region to enter into the operational stage of production and for all those years kept its leading position as the largest oil and condensate producer in Irkutsk region. 2007 oil and condensate production of the company was close to 220 thousand tons (1.7 million bbl).

Currently, as a holding company, Irkutsk Oil Company operates 11 oil and gas fields. Those fields are:

* Yarakta field (license is hold by JSC ‘Ustkutneftegaz’);
* Markovo field (license is hold by JSC ‘Ustkutneftegaz’);
* Danilovo field (license is hold by ‘NK ‘Danilovo’, Ltd.);
* Ayan field (license is hold by ‘INK-Neftegazgeologiya, Ltd.’);
* Ayan license area (license is hold by ‘INK-Neftegazgeologiya, Ltd.’);
* Potapovsky license area (license is hold by ‘INK-Neftegazgeologiya, Ltd.’);
* Bolshetirsky license area (license is hold by ‘INK-Neftegazgeologiya, Ltd.’);
* West-Yarakta license area (license is hold by ‘INK-Neftegazgeologiya, Ltd.’);
* Naryaginsky license area (license is hold by JSC ‘SNGK’);
* Angaro-Ilimsky license area (license is hold by JSC ‘SNGK’);
* Severo-Mogdinsky license area (license is hold by JV ‘INK-Sever’).

All of the above mentioned fields and licensed areas are located in Irkutsk region.

Joint Venture ‘INK-Sever’ was created by Irkutsk Oil Company and Japanese Oil, Gas and Metals National Corporation (“JOGMEC”) in April 2008, for the exploration of the north areas of Irkutsk region. Severo-Mogdinsky block exploration is the pilot project of this joint venture.

Irkutsk Oil Company owns INK-Service, Ltd., a fully functional service unit, responsible for drilling and work-over operations at the company’s fields. INK-Service has a proven record of successful drilling in the Eastern Siberia and is contracted by other operators in the region.

Irkutsk Oil Company is owned by CJSC ‘INK-Capital’, with European Bank for Reconstruction and Development as a shareholder among others.

Irkutsk Oil Company is headquartered in Irkutsk at the following address:
Rossiiskaya Street, 12
Irkutsk 664025 Russia

Irkutsk Oil Company currently employs some 850 people.

Irkutsk Oil Company is a member of AssoNeft, the association of independent small and midsize companies and Irkutsk Chamber of Commerce and Industry since 2006.


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