«investment»

... facilities. Increasing efficiency, environmental friendliness and safety in manufacturing oil products for the Moscow region have always been the key objectives in Gazprom Neft’s modernisation of its Moscow Refinery, a process in hand since 2011. Total investment in this comprehensive programme stands at more than RUB350 billion — the various initiatives undertaken have seen 80% of production facilities upgraded and renewed, with environmental impacts seeing a 75% reduction, as a result. Preparations ...

... United States of America. Stringent adherence to environmental standards and requirements will be front of mind in all works at the Moscow Refinery. “The company is continuing the modernisation of its directly owned refining facilities, directing investment at further increasing output of high-quality gasoline, kerosene and diesel fuels for the Russian market. We work with leading international and Russian companies on our modernisation projects, selecting the best currently available technologies ...

Gazprom Neft and DL E&C Co., Ltd (Korea) have concluded an agreement confirming the latter’s involvement in building the hydrocracking section at the Moscow Refinery’s future deep refining complex — the signatories to this agreement signed at the 2021 St Petersburg International Economic Forum, being Anatoly Cherner, Deputy CEO for Logistics, Processing and Sales, Gazprom Neft, Yong Sang YI, Senior Vice President, DL E&C Co., Ltd and Seo Younghoon, CEO, Daelim RUS. Specialists from the Korean parent...

... industrial-technologies pilot-testing and laboratory complex at the St Petersburg Special Economic Zone (SEZ), with this infrastructure being housed in the SEZ’s Novoorlovskaya Innovation Centre, currently under construction. The company’s planned investment in the complex is expected to exceed ₽3 billion by 2023. The laboratory and pilot-facilities complex will be the main site for testing and rolling-out new technologies developed by Gazprom Neft’s Industrial Innovations Technology Centre....

... of up to 99.9%, allowing water to be returned to the production cycle. The Moscow Refinery’s biosphere commenced operation in 2017; construction of a similar complex at the Omsk Refinery is expected to be completed in 2021. Gazprom Neft’s total investment in these two projects is expected to reach more than RUB28 billion. The Moscow Refinery’s Biosphere has saved more than 10.5 million cubic metres of water in its three years in operation. Construction of Biosphere facilities at the Omsk ...

....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 dismantled Modern hermetically-sealed technology ...

... 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 main tasks will be finding and analysing ...

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 the full production cycle, from oil treatment ...