The Company’s main priority in the course of hydrocarbon production is higher production efficiency, improving the environmental performance of fuels, increasing the depth of refining, and broadening volumes and product range (high-octane gasolines, diesel fuels, aromatic hydrocarbons, coke, modern bituminous materials, petrochemicals). Since 2009, OJSC Gazprom Neft has had a program to upgrade and retrofit production facilities and to build new ones.
Modernization programs at the Company’s refineries and product line optimization based on 2012 results increased the output of automotive gasoline by 10.6%, jet fuel by 3.9%, and Euro-4 and Euro-5 diesel fuel by 26.1%.
Increasing crude oil refining volumes during the reporting year enabled the Company to increase oil production by 7.0% to 41.0 million tonnes. Gazprom Neft remained among Russia’s leaders in terms of growth in crude oil refining volumes in 2012. During the reporting year, the Company increased crude oil refining volumes and petroleum product output by 7.0%, to 43.3 and 41.0 million tonnes, respectively.
Gazprom Neft currently possesses five refining assets. The main assets are the Omsk and Moscow refineries (the Company’s share of refining – 100%), YANOS (the Company’s share of refining – 50%).
|Omsk Refinery||Moscow Refinery||NIS Refining Facility||Third-party Oil Refining|