Gazprom Neft holds the leading position in Russia in terms of hydrocarbon production and refining growth rate. It also leads on a number of efficiency metrics. The Company begins pilot oil production at two major new fields in the north of the Yamalo-Nenets Autonomous District:East Messoyakha and Novoportovskoye. The first stage of commercial production begins at the Samburgskoye field, which belongs to the Russian-Italian company SeverEnergia, in which Gazprom Neft holds a 25% stake. The formation and development of a new production cluster in the Orenburg region continues.
Gazprom Neft ‘s Board of Directors approves the Company’s development strategy, which it has extended to 2025. This builds on the strategy to 2020, which aimed to achieve goals set for the main business segments (hydrocarbon production, refining and sales of petroleum products), taking into account changing conditions in the industry and the global economy. The Company aims to continue actively increasing shareholder value to 2025. The development plans for the marine and aviation fuel business and lubricant production business have also been brought forward to 2025.
Gazprom Neft is the operator of the Prirazlomnoye field in the Pechora Sea, which produced the first oil from the Arctic shelf in December 2013.
A hydroprocessing facility for catalytic gasoline and a light naphtha isomerisation unit comes on stream at Gazprom Neft’s Moscow refinery. This enables the plant to switch entirely to producing Euro-5 grade gasolines. All of the Company’s refineries have now completed the switch over to the Euro-5 standard well ahead of the deadline specified in Russian legislation.