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Gazpromneft-Lubricants to increase by a quarter G-Energy oils sales in the first half of 2017

Gazpromneft-Lubricants, the Gazprom Neft oil business operator, in the first half of 2017 increased sales of G-Energy oils by 26% -up to 24 thousand tons. While sales of various premium lubricants types produced by the company increased compared to the first half of 2016 by 16% - up to 140 thousand tons.
In Russian Federation Gazpromneft-Lubricants sold 93 thousand tons of premium products – that is 19% higher than in the first half of 2016 and by 9% - up to 47 thousand tons - increased exports volume. In the first half of 2017 the company has expanded the sales geography by shipping the products to Thailand, Libya, Peru and Senegal. Today G-Energy and Gazpromneft products are presented at 68 countries worldwide.

Total sales volume increased by 2% compared to the same period of 2016 - up to 268 thousand tons.

Alexander Trukhan, General Director, Gazpromneft-Lubricants Ltd., admitted:

“Our business plan is very ambitious, but despite this in the first half of 2017 we were able to exceed the stated figures. It is a good base for work in the second half. We are not going to slow down the pace as we understand the growing need of the global market in high-tech lubricants. It is a good base for work in the second half, and we're not going to slow down the pace because we understand the growing need of the global market in high-tech lubricants. However, it is not enough to be a manufacturer of quality products - today's leader may be only the one who is able to offer efficient business solution based on advanced service. And that is the way we keep going in the development, constantly improving our competencies, forming the most modern offers for the market".




BACKGROUND





Gazpromneft-Lubricants (Gazpromneft-Lubricants Ltd.) is a subsidiary of Gazprom Neft focusing on the production and sales of oils, greases and technical fluids. Established in November 2007.The products are manufactured at six production sites in Russia, Italy and Serbia. The total production volume is over 500,000 tons of high-quality oils, greases and technical fluids per year.The Omsk Lubricant Plant (OZSM) has the Russia’s most advanced process line for the mixing, filling and packaging of lubricants with total annual mixing-and-packaging capacity of 300,000 tons. The management system of Gazpromneft-Lubricants and its production assets meets the requirements of the international standards ISO 9001, ISO 14001, ISO 16949, and OHSAS 18001. The company supplies its products to the conveyors of DAIMLER KAMAZ RUS, KZ ROSTSELMASH, KAMAZ, UAZ (Sollers), BELAZ and others. The consumers of Gazpromneft-Lubricants products are Severstal, Sibur, Gazprom, Evraz, MMK, TMK, NLMK, Rusal, Alrosa, RZD, MECHEL, Metalloinvest, SUEK, ILIM and other leading industrial enterprises. The product range includes 500 items of oils and greases for all market sectors (more than 2500 commodity items). The company’s products have the approvals of over 250 leading equipment manufacturers: BMW, Mercedes-Benz, Volkswagen, Volvo, Renault, General Motors, Cummins, MAN, ZF, KAMAZ, Avtovaz, Bosch Rexroth and others. The company also produces and sells marine oils, supplies marine lubricants to Sovcomflot, Rosmorport, Rosnefteflot, Norilsk Nickel and other Russian and foreign shipowners. Through the integration into Chevron global supply chain the company’s clients are able to get marine oils in over 800 ports throughout the world. The company controls 15% of the Russian lubricant market and also operates in the CIS and the Baltic, Europe, Central and Southeast Asia, Africa, South America and beyond.



22.08.2017
Contacts for Media

Press Office
GAZPROMNEFT – LUBRICANTS, LTD

Tel: +7(495) 642 99 69 (11-90)

Fax: +7(495) 921 48 63

E-mail: pr_sm@gazprom-neft.ru



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Tel: +7(495) 642 99 69; fax: +7(495) 921 48 63