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Coporate Governance

One of strategic trends of LLC Lapasskoe activity (further – company) is the improvement of corporate
governance efficiency. LLC Lapasskoe assumes corporate governance as a means of efficiency improvement of the company activity, strengthening of its image and costs reduction for capital attraction.

The main target of corporate governance development in the company is the provision of sustainable growth of the company capitalization and realization of one shareholder interests. LLC Lapasskoe , understanding the importance of corporate governance, pays great attention to the introduction of corporate governance principles. In 2018, a corporate governance code was approved. The corporate governance code of the company was worked out in accordance with the corporate governance code of one shareholder LLC Lapasskoe .

Since the moment of approval, the diagnostics of LLC Lapasskoe corporate governance for compliance with the level of best practice corporate governance is annually done. According to the results of diagnostics, the drawbacks in governance system are revealed and the steps for governance quality improvement in the are determined. Also, on the basis of diagnostics results, the measures on corporate governance
improvement are hold for its compliance with the world best practice. Diagnostics results demonstrate positive tendency of corporate governance development in the company. High level of impacts not only economic indicators of the company activity, transparency improvement, full-value of decision making but, also, produces positive effect on investors’ perception of the company.

The compliance of level with the requirements of best available practice in accordance with international standards in 2018 amounted to 60,8% compared to 60,9% in 2019. One shareholder has selected a model, including participants shareholder, board of directors, the board and centralized internal audit service. Efficient corporate governance is one of the crucial drivers for improvement of the company competitiveness.
Development of the company is impossible without an efficient structure in place that regulates the relations between the board of directors, the executive board and the shareholders, without investors being sure that the company’s management spends their funds in a reasonable manner to achieve capitalization growth. 

Our Business Services

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Exploration Activity

We ​ensures the efficiency of geological exploration work by deploying state-of-the-art technologies and relying on the experience and expertise of the specialists in its geology department.

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Gas Production

​LLC Lapasskoe gas processing plants process the associated petroleum gas produced by LLC Lapasskoe into liquid
hydrocarbons and marketable gas.

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Oil Drilling Production

​LLC Lapasskoe has consistently implemented a Production modernization program, including reconstruction and modernization of its production unit, which
has improved the quality of products.

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Oil Refining

​The refinery produces petroleum products with high-quality performance and environmental characteristics, including motor fuels, aromatics, liquid paraffin, roofing and insulation

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Our Contacts



Legal Office Address

460028 , Orenburg region , Orenburg , khabarovsk st., 53, floor 3

Working Hours

Monday - Friday: 9:00am - 18:00pm
Saturdays: 9:00am - 16:00pm

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