Gazprom Neft is one of the largest manufacturers and suppliers of bituminous products. In order to strengthen its leading position on the market for bituminous materials, the decision was made in the reporting year to establish a subsidiary to manage the Company’s bituminous business — LLC Gazpromneft-Bituminous Materials. The new business unit unites all the business management functions of the Company’s bituminous materials. The primary objective of the new enterprise will be to implement the Company’s long-term strategy for the bitumen business that aims to improve the efficiency of asset management, achieve leading positions in Russia in terms of the use of leading production technologies and to develop promising business activities in accordance with the major industry trends.
Experts estimate that the consumption of polymeric bituminous materials for road construction in Russia will more than triple by 2025. Gazprom Neft, which today already holds leading positions on the domestic market for improved quality bitumen, is introducing the most modern technologies that will make it possible not only to build world-class highways in Russia, but also to significantly reduce their operating costs.Alexander Dyukov Chairman of the Gazprom Neft management board
Performance results in 2014
Based on its 2014 results, Gazprom Neft maintained leading positions on the Russian bitumen market with a 30% share of sales and 1.75 mn tonnes of total bituminous materials sold. Gazprom Neft increased sales of premium bituminous products by 16,000 tonnes to 42,000 tonnes.
Gazprom Neft launched the trial operation of Russia’s first new generation PMB unit under the G-Way Styrelf brand at the Moscow Oil Refinery in 2014. The unit, which was built by a joint venture of Gazprom Neft and France’s Total, is expected to produce 60,000 tonnes of PMB and 7,000 tonnes of bituminous emulsions per year.
In an effort to improve brand recognition, the Company continued to increase the volume of bitumen delivered in branded bitumen carriers. In 2014, shipments by branded vehicles increased by more than 50% compared with 2013 to over 100,000 tonnes.
In 2014, the long-term development strategy for the bitumen business was updated and goals were set for 2025. As part of this strategy, LLC Gazpromneft-Bituminous Materials is an active participant on the emerging market of premium bituminous products.
Regions of operation
Bituminous materials production facilities are located in Moscow, the Omsk, Yaroslavl and Ryazan Regions, Kazakhstan as well as in Serbia.
For more than 15 years, the Moscow Oil Refinery has been a strategic supplier for the majority of asphalt plants in the Central Federal District, while the Omsk Oil Refinery is the leading supplier of high-quality bituminous materials in the Siberian, Far East and Urals Federal Districts and also exports its products to neighbouring regions. YANOS, which uses the “Biturox” advanced bitumen technology, is the leading manufacturer of high-quality bitumen for road organisations of the Northwest and Central Federal Districts. Thanks to EN certification, Gazpromneft-Bituminous Materials has entered the export market of Eastern and Southern Europe as well as Central Asia.
Premium sales of bituminous materials, mn t
On 2 July 2014, Gazprom Neft and the Moscow Government signed a cooperation agreement to provide innovative bituminous materials for road construction in the Russian capital.
- Rosavtodor Federal Road Agency (jointly with OJSC SIBUR Holding)
- Avtodor State Corporation
- Moscow Government
- Road Committee of the Kazakh Ministry of Transportation and Communications
On 16 December, representatives of Rosavtodor, SIBUR and Gazprom Neft approved an action plan for the Cooperation Agreement signed on 15 October 2014 as part of the Road International Exhibition and Forum. The approved action plan contains specific objectives that are to be implemented in