Geotransgaz JSC provides oil and natural gas exploration and production services. Geotransgaz operates as a subsidiary of Open Joint Stock Company ALROSA. Geotransgaz holds the hydrocarbon exploration and production license for the Beregovoy license area, containing estimated hydrocarbon resources of 436 million barrels of oil equivalent (boe) according to the Russian resource classification as of 31 December 2017, and produced 1.6 billion cubic meters of natural gas and 185 thousand tons of gas condensate during 2017.