The facility has a design capacity of 220,000 tonnes per year.
Gazprom Neft’s investment in this project stands at more than RUB 32 billion.
The new complex will further expand the premium G-Energy- and Gazpromneft synthetic lubricants product ranges, expected to increase Gazprom Neft’s market share in packaged lubricants on the Russian market to 25%.
Anatoly Cherner, Deputy CEO for Logistics, Processing and Sales of Gazprom Neft, said:
- This new complex will be able to meet demand for those high-tech feedstocks essential in producing advanced synthetic lubricants, across all of our plants
- Replacing imported alternatives with our own Group II and Group III base oils will allow us to cut the cost of ready-to-use motor oils, while improving their competitiveness
- Apart from which, the new complex will allow us to expand our premium G-Energy and Gazpromneft synthetic-lubricants ranges
Equipment for the future facility is being produced by leading Russian enterprises Volgogradneftemash and Uralhimmash.
Gazpromneft-Lubricants is a subsidiary of Gazprom Neft, specialising in the production and sale of oils, lubricants and service fluids.
Established in 2007, Gazpromneft-Lubricants has 6 production facilities in Russia, Italy and Serbia.