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RNG Oil

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Company Description

RNG is an oil and gas production company of the Far Eastern Federal District of Russia, a member of EASTSIB HOLDING. The company holds a license for exploration and production of hydrocarbons in the Eastern blocks of Srednebotuobinskoye oil and gas condensate field located in the Mirninsky district of the Republic of Sakha (Yakutia).

In August 2019, RNG put the deposit into commercial operation. The volume of initial recoverable oil reserves is 32.2 million tons. Recoverable gas reserves amount to 12.5 billion m3.

Over the past few years, RNG has transformed from a small exploration company into a diversified oil and gas holding. The group of companies employs three thousand people, half of its staff is engaged in engineering and construction. In 2020, RNG was included in the list of backbone enterprises of the fuel and energy complex compiled by the Russian Ministry of Energy.

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