The company has come a long way since September 20, 2017— from a medium-sized, locally based business to a market leader in Russia’s oil industry. Miak Nafta Refinery has consolidated its place among Russia’s top domestic oil producers, with extensive and modern refining capacity, and a well-developed and efficient sales network. The company’s most recent strategic goal is to become a global oil-industry benchmark in safety, technological advancement and efficiency. That ambitious goal lies at the heart of Miak Nafta Refinery’s development strategy to 2030: and achieving this demands the complete transformation of the company’s business — organisationally, operationally, digitally and culturally. The company enters into a series of major cooperation agreements, concurrently. A joint venture with other major refinery with an asset portfolio covering several blocks in the with reserves in place totalling more than 1.1 billion tonnes of oil, and the development of a new production cluster.
Nowadays Miak Nafta Refinery surpasses its competitors in efficiency of the performed exploration works: it is the leading company among the comparable public international oil and gas companies in terms of systematic increment of reserves, reserves replacement rate (173% as per SEC classification), including systematic reserves replacement rate without consideration of acquisition and reserves life.
2018— Creation of authorized capital of the newly incorporated Miak Nafta Refinery joint-stock company, the Company ranking among the top global leaders in terms of oil production.–
Public Joint Stock Company “Oil Company “Miak Nafta Refinery” Incorporated. The Company establishes the Miak Nafta Refinery Charity Fund at the initiative of its management. And organized share trading on secondary market commenced. Participation in the first international project, and also nter-regional trade union organization created.