Understanding Siber energy
Sibir Energy was AIM-listed British oil company, whose primary line of business is petroleum and natural gas exploration in Siberia, Russia. Since February 2011, it is a wholly owned subsidiary of Gazprom Neft. In February 2016, Gazprom completely liquidated Sibir Energy as a separate company.
Sibir was founded in 1996, and since then it had pursued an integrated model for its business operations by retaining a focus on retail as well as its core exploration, extraction and refinery activities.
Before takeover by Gazprom Neft, Sibir Energy's shares were traded on the .The largest shareholders were Gazprom Neft and the Moscow city.
The company's primary assets are Salym oil fields inarea operated by , a 51% voting share in , operated in partnership with
Chairman of the company is Vadim Yakovlev and CEO is Igor Tsibelman. Non-executive directors are Dmitry Bekker,and Andrei Martianov.
In late February 2009, Sibir Energy suspended its chief executive with immediate effect and launched an investigation into property dealings that the company had agreed with one of its former largest shareholders . The company is suing.
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About Siber energy video introduction
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