EXPANDING
THE SCOPE
Annual report 2018
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Zarubezhneft JSC is a diversified state oil & gas holding acting for the benefit of the state having assets and projects in various segments.

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In accordance with the key strategic focusses, in 2018 the Company continued its efforts aimed at improving the efficiency of its main segment «Upstream» and entry into new projects.

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Despite the external economic factors, in 2018 the Company not only consistently achieved the planned performance indicators but also during the whole year it was carrying out works aimed at transforming its organizational development — improving the management quality, accumulating, analyzing and integrating the best practices.

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The only shareholder of Zarubezhneft JSC is the Russian Federation, represented by the Federal State Property Management Agency.

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