Top 10 Oil Exporters in Russia in 2024 - Tendata

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ten data blog2025-08-01

Overview of Oil Exports from Russia

Russia remains one of the world’s largest oil producers and exporters, playing a key role in the global energy market. In 2024, oil exports from Russia maintained strong volumes, driven by continued international demand for crude oil, refined petroleum products, and related derivatives. Russian oil exporters supply markets across Europe, Asia, and beyond, making the country a critical part of the global energy supply chain.


The sector consists of large vertically integrated companies, regional producers, and specialized trading firms. Together, these players ensure the steady flow of oil exports despite market volatility and regulatory challenges.


According to Tendata, there were 1,394 oil exporters in Russia in 2024. These companies range from major oil conglomerates to mid-sized exporters specializing in crude oil or refined products. The industry remains competitive but is highly concentrated, with the top exporters controlling a significant share of total export value.


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Top 10 Russia Oil Exporters in 2024

The top 10 oil exporters in Russia accounted for a substantial portion of total oil export value in 2024. Below is the breakdown (data source: Tendata):


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1. ООО КРЦ ЭФКО КАСКАД – 13.74% ($1,550.94 Million)

One of Russia's largest oil exporters, focusing on crude oil and refined petroleum product shipments.


2. ПАО ТАТНЕФТЬ ИМ В Д ШАШИНА – 11.8% ($1,331.48 Million)

A leading vertically integrated oil company with a strong global presence.


3. АО АСТОН – 8.07% ($910.62 Million)

Known for large-scale exports of both crude oil and refined products.


4. ООО МЭЗ ЮГ РУСИ – 6.13% ($692.09 Million)

A growing exporter with a focus on expanding its overseas market share.


5. ООО ТД ЧЕРНОЗЕМЬЕ – 5.34% ($603.11 Million)

Specializes in refined oil product exports.


6. ООО РУСИНВЕСТ – 4.29% ($484.17 Million)

A mid-sized player with a diverse portfolio of oil products.


7. ООО КУРСКАГРОТЕРМИНАЛ – 3.95% ($446.32 Million)

Engaged in both domestic and international oil trade.


8. АО ЕВРОПА КАЛИНИНГРАД – 3.95% ($370.65 Million)

Focuses on exports to European and Asian markets.


9. АО АГРОПРОДУКТ – 3.28% ($345.36 Million)

A diversified exporter with a strong focus on petroleum products.


10. АО НЗНП – 3.06% ($314.5 Million)

Known for refined oil exports and expanding global operations.


These top 10 companies represent a significant portion of the Russian oil export market, with ООО КРЦ ЭФКО КАСКАД and ПАО ТАТНЕФТЬ leading the sector by a large margin.


Conclusion

The oil exporters in Russia landscape in 2024 (data source: Tendata) is characterized by:

·High market concentration, with the top 10 companies capturing a large share of total export value.

·Dominance of major players, such as ООО КРЦ ЭФКО КАСКАД and ПАО ТАТНЕФТЬ, which together hold over 25% of the market.

·Diverse exporter base, with mid-sized and regional companies continuing to play an important role in sustaining export volumes.

As global energy demand evolves and the market shifts toward cleaner energy sources, oil exporters in Russia are expected to adapt with technological investments and strategic market diversification.

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