Development strategy

We produce resources for the future, enriching the world with the energy, knowledge, and technology to advance.

Company Mission

Gazprom Neft aims to become a major international player with a regionally diversified asset portfolio across the whole value chain, actively contributing to regional development and demonstrating high standards of social and environmental responsibility.

Evolving, to evolve the world. Creating, to be proud of our creations.

The business in numbers by 2025

In May 2013 the Board of Directors of Gazprom Neft approved the 2025 corporate development strategy. This builds on the strategy out to 2020, which set out the path to achieving the objectives set for the main segments of the business (hydrocarbon production, refining and sales of petroleum products), and accounts for changing conditions in the industry and the global economy. The Company will continue to actively grow shareholder value to 2025.

100 million toe per year hydrocarbon production
15 years 1P (proven) reserves life
of at least 100 % annual 2P (probable) reserve replacement ratio (excluding acquisitions)
40 million tonnes per year volume refined in Russia
up to 95% increase in refining depth in Russia
up to 80% increase in light product yield in Russia
Sales of petroleum products
100% of production originated from the company’s own Russian refineries to be sold through its own premium sales channels
18,5 million tonnes of motor fuels to be sold throughout Russia and the CIS
More than 15 million tonnes premium sales in product lines (aviation fuel, marine bunker, lubricants, bitumens and petrochemicals)