Gazprom Neft (Russian: Газпром нефть), until 2005 called Sibneft (Russian: Сибнефть), is Russia's fifth largest oil producing and refining company. It was created by presidential decree in 1995 and privatized through a series of auctions in the subsequent two years. 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ...

Roman Abramovich and Boris Berezovsky acquired shares in Sibneft by bidding in the auctions through several front companies that they set up for the purpose. These transactions, widely denounced as unethical or illegal, were approved by Boris Yeltsin who had good relations with Berezovsky and Abramovich at that time. According to General Alexander Korzhakov, former chief of Yeltsin's security service, Abramovich manages finances for Yeltsin and his family. Roman Arkadievich Abramovich (Russian: ; born October 24, 1966 in Saratov, Russia) is a Russian oil billionaire, referred to as one of the Russian oligarchs. ... Boris Abramovich Berezovsky (Бори́с Абра́мович Березо́вский) (born January 23, 1946) (Note: Boris Berezovsky is now officially known as Platon Elenin by the British Home Office [1]) is a Russian businessman. ... To meet Wikipedias quality standards, this article or section may require cleanup. ... Being the Presidents bodygard, Korzhakov (second from left) stands with Boris Yeltsin on a tank to defy the August coup on August 18, 1991. ...

Sibneft initially combined Russia's largest oil refining complex in Omsk (dba Omsky NPZ), an oil and gas production enterprise based in the city of Noyabrsk in the Yamal-Nenets autonomous district (Noyabrskneftegas), a geological exploration enterprise and an oil products distribution network. Sibneft's central office is located in Moscow; however, the company retains its official corporate address in the city of Omsk. The company is going to move their headquarters to Saint Petersburg in the near future. Serafimo-Alekseevskaya chapel, Oktyabr (formerly Rossiya) hotel, and Organ music hall Omsk (Russian: ) is a city in southwest Siberia in Russia, the administrative center of Omsk Oblast. ... Location Position of Moscow in Europe Government Country District Subdivision Russia Central Federal District Federal City Mayor Yuriy Luzhkov Geographical characteristics Area  - City 1,081 km² Population  - City (2005)    - Density 10,415,400   8537. ... Saint Petersburg (Russian: Санкт-Петербу́рг, English transliteration: Sankt-Peterburg), colloquially known as Питер (transliterated Piter), formerly known as Leningrad (Ленингра́д, 1924–1991) and...

Sibneft has spent the past seven years spinning-off non-core assets, including Russia's largest pork meat farm, Omsky Bacon, as well as various service enterprises. The company also implemented a broad program to institute international best practices across its businesses and work closely with major international oil field services firms.

Sibneft twice attempted a merger with Yukos, to form Russia's largest oil company YukosSibneft. The first attempt in 1998 failed due to a dispute over management. The process was well under way the second time in 2003 when the Federal government cracked down on Yukos, and Sibneft's shareholders called off the merger in November of that year. Yukos Oil Company (ОАО НК ЮКОС) is a petroleum company in Russia which, until recently, was controlled by Russian billionaire Mikhail Khodorkovsky and a number of prominent Russian businessmen. ...

Sibneft remains the largest employer in Omsk and Noyabrsk. It is also an official sponsor of the CSKA-Moscow football team, the Avangard Omsk ice hockey team, and a variety of running, mini-football, nordic skiing and motorcross events. The stock trades on MICEX under the ticker SIBN. Serafimo-Alekseevskaya chapel, Oktyabr (formerly Rossiya) hotel, and Organ music hall Omsk (Russian: ) is a city in southwest Siberia in Russia, the administrative center of Omsk Oblast. ... PFC CSKA Moscow (Russian: or Professional Football Club - Central Sports Club of Army (Moscow)) is the football section of the CSKA sports club of Moscow, Russia. ... HC Avangard Omsk (ru: Авангард Омск) is a professional Russian ice hockey team. ... The headquarter is located on Great Kislovsky Drive in Moscow. ...

In September 2005 Russia's largest corporate takeover occurred when Gazprom (in which the Russian government obtained a majority stake the previous June) agreed to buy 72.663% of Sibneft shares for US$ 13.01 billion. Later Sibneft was renamed to Gazprom Neft. Gazprom (LSE: OGZD) (Russian: , sometimes transcribed as Gasprom) is the largest Russian company and the biggest natural gas extractor in the world. ... The United States dollar is the official currency of the United States. ...

External links

• Gazprom Neft official site
• Gazprom Inks Deal to Buy Abramovich's Sibneft, Forbes.com, 28 September 2005