A balanced product portfolio, together with a high level of drilling efficiency, form the basis for the company’s market-leading production growth rate, bringing the company ever closer to its goal of producing 100 million tonnes of hydrocarbons per year by 2020.
In refining, attention is focussed on modernising refining capacity and improving business efficiency. Gazprom Neft has already completed the first phase of the extensive modernisation of its refining facilities, and has now moved on to implementing the second phase, directed at increasing refining depth to 95 percent and increasing the production of light petroleum products to 80 percent of total output by 2025.
The Gazprom Neft retail network is one of the most extensive in Russia. By 2025 the company expects to be selling its products exclusively through its own retail channels.
Gazprom Neft exported 14.55 million tonnes of oil products in 2016: of these, 1.66 million tonnes were exported to countries throughout the CIS, with the remaining 12.89 tonnes exported to countries worldwide.