production in high range
The strategic goal of LLC Krasnodarneftegaz in the area of petroleum, crude and oil production is to maintain the basic productions in high quality tense and to use the existing fields with maximum efficiency, in starting up new projects for ensuring a stable production profile and good qualtity factors, as well as to develop economically feasible unconventional business structure around the world in the face of our valued clients.
For now till the next 50 years, our company plans are to effectively produce more products in a several range accross the world, as we plan to expand our business network in producing petroleum products into a wider range in the international markets and to subsequently develop them in order to maintain production in the traditional areas of activity, as well as to create new clusters of oil and gas production on the basis of world-wide recognition.
LLC Krasnodarneftegaz has been implementing a policy aimed at ensuring a constant production balance of crude oil, petolruem, fuel, diesel monetization and production more than any other companies, including crude oil processing at its own refining facilities in Russia, Germany, Ukrain, Belarus and export sales under long-term and tender-based spot contracts, and domestic sales.
Our Company is monitoring the effectiveness of crude oil, petolruem, fuel, diesel monetization production on an ongoing basis, as a result of the company share of high margin channels increased to 90.10% of the total volume of crude oil, petolruem, fuel, diesel (vs. 69.66%).
In February 2018, the Company supplied 99.76 mln tons of crude oil, petolruem, fuel, diesel to the company-owned refineries in Russia, Germany, italy and several various neighbouring countries, an 38% growth over 2018 supplies (99.9 mln tons).