Bashneft is a Russian oil refining company one of the largest producer of oil products in the country. The company operates 140 oil and natural gas fields in Russia and has an annual oil production of 16 million tonnes. Bashneft ownes three oil refineries located in Ufa with a combined capacity of 820,000 bbl/d (130,000 m³/d) and 100 petrol stations. The Russian holding Sistema bought a controlling stake in Bashneft in March 2009 for US$ 2.5 billion.
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