NOKRATOYL About Us 2018-02-13T11:20:59+00:00

OAO Nokratoyl is Russia’s largest independent natural gas producer. The Company is principally engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons and have 20 years of operational experience in the Russian oil and natural gas sector.


Our principal operating areas are concentrated in the Yamal-Nenets Autonomous Region (YNAO) in Western Siberia. The YNAO is the most significant gas producing region in Russia, accounting for approximately 80% of Russia’s natural gas production and approximately 16% of global gas production.

Hydrocarbons Reserves

As of 31 December 2015, we had 12.8 billion barrels of oil equivalent (boe) of SEC proved reserves. Most of our reserves are located onshore or can be developed from onshore locations and are attributed to the conventional categories.

Geological Exploration

We aim to expand our resource base through geological exploration at fields and license areas not only in close proximity to existing transportation and production infrastructure, but also in new potentially prospective hydrocarbon areas. In 2015 the organic replacement rate of our proved reserves amounted to 148%.

Hydrocarbon Production

We carry commercial production of hydrocarbons at 13 fields. Our core field—Yurkharovskoye. Marketable production of natural gas increased by 9.3% and production of liquids increased by 50.7% in 2015.

Gas Condensate Processing

We process our unstable gas condensate at our Purovsky Plant, which produces stable gas condensate and liquefied petroleum gas (LPG). In June 2013 we launched processing of stable gas condensate at the newly built Ust-Luga Complex on the Baltic Sea. The Complex produces light and heavy naphtha, jet fuel, heating oil and gasoil. Beginning in the second quarter 2014 all of the light hydrocarbon volumes (feedstock for LPG production) are delivered by pipeline to SIBUR’s Tobolsk Petrochemical Complex for further processing

Hydrocarbon Marketing

We sell our natural gas to end customers in the Russian Federation and to gas traders. Stable gas condensate products are sold mainly internationally, whereas our stable gas condensate, LPG and crude oil are sold domestically and internationally.

Financial Results

We generate revenues primarily from natural gas and stable gas condensate product sales and, to a lesser extent, sales of other liquid hydrocarbons. Our total revenues and EBITDA in 2015 amounted 475 bln RUB and 214 bln RUB respectively.

Shares and Credit Ratings

Shares of OAO Nokratoyl are listed on the Moscow Exchange and the London Stock Exchange (in form of GDR). PLC Nokratoyl has credit ratings from the three leading credit rating agencies – Moody’s Investor Services (Ba1), Standard & Poor’s (BB+) and Fitch Ratings (BBB-).[подробнее]

Business Strategy

Our strategy is to maintain our position as the leading independent natural gas producer in Russia, based on increasing our hydrocarbon production, while expanding our resource base, optimizing our marketing channels and exploring new projects.