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Joint-Stock Company<br />

BASHNEFT JOINTSTOCK OIL<br />

COMPANY<br />

Director General –<br />

Nikolay M. Grakhantsev<br />

450045, Russian Federation,<br />

Republic of Bashkortostan,<br />

Ufa-45<br />

Tel.: +7 (347) 260-58-85<br />

Fax: +7 (347) 262-21-39,<br />

262-24-56<br />

E-mail: post@bashneſt.ru<br />

Bashneſt JSC is a major productionand-economic<br />

complex of the Republic<br />

of Bashkortostan. It dates from the<br />

year 1932. Since the beginning of fi eld<br />

development over 260 oil fi elds have<br />

been discovered. At present more than<br />

160 fi elds are being developed. By now<br />

over 1.6 billion metric tons of oil and over<br />

84 billion cubic meters of natural and<br />

associated gas have been produced, 86<br />

million meters of rock have been drilled.<br />

Over the recent years the company<br />

has been retaining the annual oil<br />

production amounting to 11.5 million<br />

metric tons thus justifying its reputation<br />

of one of the most stable Russian oil<br />

companies. About 20% of all oil is being<br />

produced owing to the application of the<br />

latest EOR methods.

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