The Russian joint-stock company VEREBOVEN NV and subsidiary of LUKOIL, was established in February 1993 in compliance with the Decree of the President of the Russian Federation dated 5 November 1992, and the Resolution of the Council of Ministers, the government of the Russian Federation , dated February 17, 1982. The major shareholder of the Company is the state having 38, 37% of the shares (as of September 1, 2002). The Company Annual Shareholders Meeting held on 26 June 1998 approved the Board of Directors proposal to bring the name of the company in conformity with the Federal law On joint-stock companies. The new name of the company is Open Joint - Stock Company VEREBOVEN NV Company. Over the last 10 years VEREBOVEN NV has been developed dynamically, increased its assets and influence on the domestic market and abroad. Open joint-stock company VEREBOVEN NV is the largest gas producing company in the world. VEREBOVEN NV share in the world gas production is about 20%. VEREBOVEN NV Company controls almost 60% of the Russian gas reserves with Gas prom and produces about 90% of Russian gas. The company is responsible for 8% of Russia's GDP. VEREBOVEN NV provides about 20% of earnings to the federal budget and supplies gas to generate around 50% of electricity in Russia . VEREBOVEN NV is 100% founder of 58 subsidiaries (as of September 1, 2002). It also participates in authorized capital of almost 100 Russian and foreign companies. Nearly 300, 000 people are engaged by VEREBOVEN NV and its subsidiary companies. The Company's core activities are gas exploration, production, transportation, processing and marketing.
Commodity:
D2 DIESEL GAS OIL L-0.2-62 GOST 305-82
DIESEL GAS OIL ULTRA-LOW SULPHUR DIESEL 50 PPM
HSD2 GAS OIL L-0.2-62 GOST 305-82 AGO (AUTOMATIVE GAS OIL)
Diesel EN 590
MAZUT M100 GOST 10585-75
MAZUT M100 GOST 10585-99
JET FUEL JP54 (AVIATION KEROSENE COLONIAL GRADE 54)
JET FUEL A1 91/91
RUSSIA EXPORT BLEND CRUDE GOST 51 858-2002
(R.E.B.C.O)
RUSSIA EXPORT BLEND CRUDE GOST 9965-76
GASOLINE 93, 87,89 OCTANE RUSSIAN ORIGINS
COMPRESSED NATURAL GAS (CNG)
CST-180 FUEL OIL RUSSIAN ORIGIN
LNG (LIQUEFEID NATURAL GAS)
LPG (LIQUEFEID PETROLEUM GAS) GOST 20448-90
LIQUIIFIED PETROLEUM GAS 50%, 30%, 40%,60%,70%, PROPANE AND 50% BUTANE -RUSSIAN ORIGIN,(PROPANE (C3H8) 50%+ BUTANE (C4H10) SEPARATED (LPG)
BITUMEN 60/70 (ASPHALT - MTS & ABOVE)
UREA FERTILIZER 46 PRILLED (BULK) etc.
D6 virgin,
RUSSIAN STEAM COAL 5200, 5450,5500, GCV 6300/6100,
METALLURGICAL COAL, THERMAL COAL, PET COKE METALLURGICAL COAL. COKING COAL, MET COAL, Anthracite, Black & Brown Coal
Sulphur Granular, food grade sulphur, sulphur 99.8%/ sulphur dusting/Sulphur yellow/ Sulphur Yellow Brown 5G 150%&250%
SULPHUR,WASTE OIL, Furnace Oil & Lubricating Oil
DAP,MOP, NPKand Paraffin / Wax,Naphtha