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The Board of Directors of Gazprom Neft approved the Company’s 2020 Innovation Development Programme. In order to achieve its strategic goals, Gazprom Neft plans to use leading-edge technology from top Russian and international companies, as well as to develop fundamentally new solutions in partnership with leading Russian Research and developmentR&D centres and universities. The completion of a corporate knowledge management system, which involves the following, sharing, and creation of new best practices, will become yet another important focus of the Company’s work.
In the Noyabrsk region, Gazprom Neft completed Phase 1 of the project to improve the utilisation rate of associated petroleum gas (Associated petroleum gasAPG). The two vacuum compressor stations launched in the Vyngapurovskoye fields improved the utilisation rate to over 95%, and to 90% on average for the Company. This exceeded Gazpromneft’s average APG utilisation by 80%, with the previous rate at between 30-40%.
The Gazprom Neft Board of Directors approved the Company’s 2025 Development Strategy. The document builds on the 2020 strategy, taking into account both the changing industry environment and the state of the global economy. The Company plans to maintain production at 100 million tonnes of oil equivalent annually and to maintain the current reserve level at 20 years. The Company’s priority in the refining segment is improved operational efficiency and the implementation of refining asset modernisation programmes. These will enable Gazprom Neft to achieve the following targets in 2025: oil refining — 40 million tonnes per year in Russia; refining depth — 95% in Russia; and light petroleum products output — 77% in Russia. The Company’s primary objective for the petroleum product sales segment is for its sales to be 100% covered by the Company’s own production.
Gazprom Neft started the restructuring of its regional sales network, a move intended to separate the wholesale and retail sides of the business at all levels. The main purpose of this project is to strengthen sales and corporate governance — in particular, by simplifying and integrating the sales structure and separating the financial results of the wholesale and retail businesses.
Gazprom Neft and Total signed an agreement to create a joint venture for the production of modified bitumen and bitumen emulsions. A special production facility will be built on the Moscow oil refinery site.
The first petrol stations were launched in Bulgaria and Bosnia and Herzegovina under the GAZPROM brand. At the end of 2012, premium GAZPROM petrol stations had been opened in Serbia and Romania. By the end of 2015, more than 250 GAZPROM petrol stations will have been built in the Balkans.
A horizontal well with 10-stage fracturing, a technique used for the first time in Russia, was commissioned in Gazprom Neft’s Vyngapurovskoye field in KhMAD. The rate of the yield obtained — over 135 tonnes per day — is approximately one-third higher than that obtained in horizontal wells with a lower number of fracturing stages.
Gazpromneft-Aero supplied more than one million tonnes of aviation kerosene to the Russian Ministry of Defence; this landmark volume was achieved in just 2.5 years.
Gazprom Neft opened a new business centre in Saint Petersburg at the headquarters of its three subsidiaries: Gazpromneft-Aero, Gazpromneft-Shelf and Gazpromneft-Development. The state-of-the-art, prestigious office, named “The Energy Building”, is situated in the centre of the northern capital, near the Peter and Paul Fortress.