Production of diesel fuels at Gazprom Neft’s own refineries — in Moscow and Omsk — is up 6.2% in 9M 2020, to 6.68 million tonnes. Gasoline production is up 2.1%, to 6.12 million tonnes. Refining depth (the conversion rate) at Gazprom Neft’s Moscow and Omsk Refineries is up by 3.3 and 3.8 percentage points, to 85.8% and 94.6%, respectively. Thanks to the launch of the high-tech Euro+ oil refining complex at the Moscow Refinery, the light product yield is also up — one of the key objectives in Gazprom Neft’s ongoing refinery modernisation programme being to increase output of those products most in demand on the market.
In line with seasonal demand, production of commercial road and construction bitumens at Gazprom Neft’s refineries was up 13.1%, to 1.51 million tonnes, with production of innovative polymer—bitumen binders at the Moscow Refinery up 8.6%, to 20,900 tonnes. The trend in declining production of heavy fuel oil continued, dropping 35.2% year-on-year. Total refining volumes across the company’s Moscow and Omsk facilities were 22.4 million tonnes in this reporting period.
«The refining industry has faced a range of serious challenges in 2020. We’ve never before had to operate under the sort of market conditions — and, concurrently, limitations — that we’ve seen as a result of this pandemic. We’ve been able to maintain efficiency and increase output of high-margin products thanks to our considerable technological flexibility and our use of cutting-edge digital tools in planning and managing the entire value chain. The company is continuing its development of a single and cohesive integrated digital planning system, which means we can compile a production programme practically in real time and respond swiftly to this constantly changing environment on the basis of actual market demand».Anatoly Cherner Deputy CEO for Logistics, Processing and Sales, Gazprom Neft
Gazprom Neft’s Moscow and Omsk Refineries are “continuous production” enterprises, at which a range of measures to counter the spread of COVID-19 have been put in place, including employees undergoing regular preventative testing against coronavirus.
Gazprom Neft is undertaking a major programme to modernise its Moscow and Omsk Refineries, involving a total investment of more than RUB700 billion. The first stage of this modernisation has involved the construction and reconstruction of key technological facilities, allowing the complete transition to the production of Euro-5 fuels, significantly improving energy efficiency and environmental friendliness in production. The implementation of the second phase of the modernisation programme is ongoing, as a result of which refining depth (the “conversion rate”) and light product yield will increase to match those of the best refineries, worldwide.