RRC Competitors

LUKOIL is one of the world’s leading vertically integrated oil & gas companies. Main activities of the Company are exploration and production of oil & gas, production of petroleum products and petrochemicals, and marketing of these outputs. Most of the Company's exploration and production activity is located in Russia, and its main resource base is in Western Siberia. LUKOIL owns modern refineries, gas processing and petrochemical plants located in Russia, Eastern and Western Europe, near-abroad countries. Most of the Company's production is sold on the international market. LUKOIL petroleum products are sold in Russia, Eastern and Western Europe, near-abroad countries and the USA.

Rosneft is the leader of the Russian oil sector and the largest global public oil and gas corporation. Rosneft Oil Company is focused on exploration and appraisal of hydrocarbon fields, production of oil, gas and gas condensate, offshore field development projects, feedstock processing, sales of oil, gas and refined products in the territory of Russia and abroad. The Company is included in the list of Russia's strategic companies. Its main shareholder (50.0000001% shares) is ROSNEFTEGAZ JSC, which is 100% owned by the state, 19.75% of shares are owned by BP, 18.93% of shares are owned by QH Oil Investments LLC, one share is owned by the Russian Federation represented by the Federal Agency for State Property Management, the remaining shares are in in free float. The main goals and objectives of Rosneft are the reserves replacement at the level of no less than 100%, efficient production at brownfields and its growth through starting up new projects, creation of new off-shore production hubs, development of technologies and introduction of the world-class project management practices, monetization of gas reserves and competitive production growth, optimal refining configuration and selling Company's products at the highest profit.

NLMK Group is a leading international steel company. The Group is vertically integrated company producing and delivering a comprehensive range of flat and long steel products. NLMK, with over 17 million tonnes of steelmaking capacity, is one of the world's foremost suppliers of slabs and transformer steel and is a leading supplier of high value added products including pre-painted, galvanized and electrical steel as well as a variety of long steel products. With the state of the art production facilities, NLMK is at the cutting edge of modern steel production. The Company's business is highly geographically diversified by sales markets with product deliveries to over 60 countries worldwide.The Company enjoys one of the most competitive production costs among global steelmakers and is known as one of the most profitable steel company globally.