Gazpromneft Lubricants, a subsidiary of Gazprom Neft, is Russia’s leading supplier of marine oils, based on 2015 sales volumes, showing a three-fold increase from 2014 sales volume, from 2,500 tonnes to 8,000 tonnes, bringing its market share to 26%.
“The marine oils business is growing, in line with the company’s long-term development strategy. We are increasing production capacity, implementing new technologies, and obtaining official approvals and recommendations from major equipment manufacturers,” said Alexander Trukhan, CEO, Gazpromneft Lubricants.
Contracts entered into with major marine oil consumers, including Sovcomflot and Norilsk Nickel, as well as major shipping companies including the Far East Shipping Company (FESCO), FSUE Rosmorport, CJSC Rosnefteflot, and others, have seen the company’s client portfolio increase by 50%.
Effective cooperation with major ship operators has been possible thanks to the establishment of effective product supply channels throughout Russian sea and river ports, with Gazpromneft Lubricants commencing operations at Novorossiysk, Rostov On Don, Murmansk, and Kaliningrad in 2015.
Gazpromneft Lubricants was the first Russian company to join the global Chevron oils supply network. Chevron marine oils are now available at more than 600 ports worldwide, including all major Russian ports. Texaco-branded marine oils are produced under license from Chevron Marine Lubricants (CML) at Gazpromneft Lubricants facilities in Italy and Russia. Texaco marine oils are produced from Russian base oils approved by CML laboratories using Chevron Oronite additives.
All Texaco-branded products are developed in line with the latest environmental requirements incumbent upon shipping companies, are certified and approved according to Russian and international standards, and are recommended and approved by international marine engine and systems manufacturers including MAN-B & W, Sulzer, Wartsila, Caterpillar, Deutz, ABB, Rolls-Royce, etc.