effective development of the depleted resource base
maximizing the return on investment from new projects
preserving all resource base development options to ensure new production areas
The main factors that made it possible to increase the resource base were an improvement in geological exploration and production drilling technologies as well as the acquisition of new licensed sites. The goals have been achieved in full. For more, see below in this chapter of the Report.
Refining and sales:
the continued implementation of projects to increase oil refining depth and environmental projects, including the continued construction of primary oil refining complexes at the Omsk and Moscow Oil Refineries
implementation of programmes to boost oil refining efficiency and cost costs
maximizing sales of petroleum products via the Company’s premium sales channels
The goals are medium-term and the objectives for their implementation were fully implemented in 2017 in accordance with the plans. For more, see below in this chapter of the Report.
Improved product quality:
conducting the next round of recertification for Gazprom Neft-Lubricants in accordance with the requirements of international standards
expanding the range of synthetic oils by developing compounds for key products based on market demand
launch of a homologationHomologation – the improvement of oil formulations in order to ensure their quality is consistent with the requirements of the standards of the Russian Federation and customer demand. programme for synthetic oil compounds based on the Company’s own group 3 base oils
conducting a programme of operational testing in various industries where the Company’s products are consumed to confirm the quality attributes of premium products
implementing a programme for technical training sessions and industry conferences
introducing the new standards GOST 33133-2014 and GOST R 55420
holding the sixth inter-industry conference ‘Bitumen and PBB. Relevant Issues of 2017’ with the invitation of leading market players
performing the following work at the Gazpromneft-Bitumen Materials Research Centre:
development of binders and asphalt concrete for specific regions taking into account the climatic operating features
assessment of the changes in the properties of binders as a function of storage temperature and evaluation of the properties of asphalt concretes on these binders
launching the production of new types (brands) of products that meet modern regulatory requirements for quality as requested by the market
conducting industrial pilot testing to assess the feasibility of obtaining new types of bitumen products
The goals were achieved in full. For details, see below in this chapter of the Report.