Gazprom Neft’s year-end results for 2015 show the company increased hydrocarbon production by 20.3 percent, reaching 79.7 million tonnes of oil equivalent (mtoe) — a unique result, achievable thanks to the use of cutting-edge in-field production solutions, more intense fulfilment of oil enhancement programmes, and the implementation of initiatives under the company’s Technology Strategy. Greater production growth in 2015 was due to the following factors:
Gazprom Neft currently has five refining assets, three of which (the Moscow Refinery, Omsk Refinery and the NIS refining complex) are directly owned, and two of which (Slavneft-YANOS and the Mozyr Refinery) are in joint operation. The company’s key refining facilities are its Omsk and Moscow refineries, with the Omsk Refinery being Russia’s leading producer of light petroleum products.
Gazprom Neft’s total refining volumes reached 43.07 million tonnes in 2015.
As at 2015 Gazprom Neft’s entire range of high-performance gasolines and diesel fuels was fully compliant with Euro-5 environmental standards.
Refining facilities at Gazprom Neft’s Serbian subsidiary, NIS, comprise two refineries, located in Pančevo and Novi Sad.
Total installed capacity at these two enterprises stands at 2.94 million tonnes.
Gazprom Neft products are sold throughout Russia, and exported to more than 50 countries worldwide.
In 2015 sales of petroleum products on the domestic market totalled 27.50 million tonnes.
Oil exports in 2015 totalled 9.99 million tonnes, and exports of petroleum products 14.09 million tonnes.
The company’s filling station network runs to 1,852 stations throughout Russia and the CIS. Average filling-station sales per day in Russia stand at 19.0 tonnes — the highest volume in the industry.
In addition to sales of aviation fuels, Gazpromneft-Aero, operator of the Gazprom Neft aviation refuelling business, also offers a range of services in supplying aircraft with other aviation products and lubricants.
Despite the Russian bunkering market shrinking by 12.6 percent in 2015, the company has maintained its market-leading position, with a market share of 21 percent (up 2.4 percent on 2014).
Gazprom Neft retails its motor oils and lubricants through its own filling station network, as well as supplying retail chains and online outlets, service stations and automotive production lines. The company has also launched an international project to expand its service station network, under its G-Energy Service brand.
Sales of premium products on international markets in 2015 were up 35 percent on 2014.
Despite an overall market reduction of five percent in 2015, the company succeeded in increasing its market share to 14.7 percent (an increase of 0.7 percent on 2014). Sales of premium products were up 24 percent on 2014, and sales under the G-Family brand up 69 percent.
Gazprom Neft’s bitumen business was spun-off into an independent subsidiary — Gazpromneft Bitumen Materials LLC — in 2014.
In 2015 the company completed its modernisation of an asset acquired in 2014, the Ryazan Bitumens Plant, Russia’s leading producer of polymer—bitumen binders.