«investment»

....5) Sales through filling stations (million tonnes) 9.77 10.49 (6.9) * Adjusted EBITDA includes the share of EBITDA of associated and jointly controlled companies accounted for under the equity method. ** Free cash flow (FCF) in FY 2020 reflects net investment cash flow, including acquisitions and sale of property, plant and equipment (PP&E), licenses and intangible assets in the amount of ₽399,641.

... project forms part of an integrated fuel-shipment infrastructure modernisation programme, itself part of the Moscow Refinery’s ongoing development since 2011. The new terminal has a throughput capacity of 2.1 million tonnes of oil products per year. Investment in building this automated timed-loading unit stands at RUB4.2 million. Construction works are expected to finish in 2022. The future terminal will replace the existing obsolete system, which will be ...

... Innovations Technology Centre (Gazpromneft-Industrial Innovations LLC) to manage complex R&D activities including engineering and technology licensing, as well as developing technological expertise and oversight over the company’s industrial-production investment projects. Specialists at the new centre will be involved in developing full-cycle innovation management — from finding and selecting promising projects to pilot deployment of new solutions. The Centre’s ...

The Gazprom Neft Board of Directors has reviewed the interim results of its 2020 investment programme, the company’s budget for 2020, and future plans. Gazprom Neft’s total 2020 hydrocarbon production is expected to reach 95.7 million tonnes of oil equivalent (mtoe). Provisional estimates indicate annual refining volumes of 40....

... company deploying cutting-edge technological solutions and getting rid of obsolete production facilities. Five installations are being decommissioned, dismantling of which is expected to be completed in 2021. Alexander Prokhorov, Head of Department for Investment and Industrial Policy, Moscow City Government, gave the official instruction launching these works. The Euro+ complex went into operation in July 2020, its state-of-the-art technologies underpinning ...

... production levels of motor fuels, as well as commence production of petroleum coke in Serbia for the first time. The construction of this facility is a key project in the second phase of a major modernisation programme at the NIS refining facilities, total investment in which stands at more than €300 million. Following the launch of the new complex with its delayed coking technology, the refining depth (“conversion rate”) at the Pančevo refinery will increase to 99.2% — matching the level of the ...

... received a number of industry awards, including the Moscow City Administration Award for Environmental Protection. A larger complex is now being built at Gazprom Neft’s Omsk Refinery, with work expected to reach completion in 2021. The company’s total investment in Biosophere systems at its Moscow and Omsk Refineries currently stands at more than RUB28 billion.

... light oil products. Gazprom Neft is now completing construction of the deep oil refining complex at its Omsk Refinery, and is developing a similar project at its Moscow Refinery. “We are continuing the company’s refinery modernisation programme, investments in which will reach more than RUB700 billion by 2025. Our objective is to increase operational efficiency while consistently reducing the environmental impacts of production. Thanks to deep oil refining technologies Gazprom Neft’s refineries ...

... own proprietary technology, and allowing 95% reactivation of initial catalyst activity. The 2,000-tonne annual-capacity reactivation line forms part of Gazprom Neft’s project to build a modern catalytic-systems production facility. The company’s investment in this project currently stands at RUB30 billion. Construction is scheduled for completion in 2021. A catalyst’s activity is a key indicator of its effectiveness. Catalyst activity is gradually reduced ...

... plants. The unique environmental Biosphere project forms part of the Omsk Refinery’s full-scale development programme, itself part of the holistic federal “Clean Air” project, part of the national “Ecology” programme. The company’s total investments in the project stand at RUB19 billion. Construction works are expected to be completed in 2021. The flotation system forms part of the multi-stage water treatment process to be offered by the Biosphere,...