Gazprom Neft Ventures Into LNG Bunkering

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Gazprom Neft is venturing into LNG Bunkering, says an article on their website Gazprom Neft.

Progress made so far

Gazprom Neft is always looking for new opportunities for adding value – in existing businesses, and also by moving into related or even completely new markets for us. And we’re already seeing some remarkable results here. For example – as recently as 15 years ago the company has virtually no presence in the marine bunkering or aircraft refueling markets. And, today, we are, already, one of the market leaders in these sectors, operating not just in Russia but worldwide. The same can be said of lubricants and bitumens.

Whereas, 15 years ago, we were, literally, shipping base oils direct from the plant, by tanker, today we are offering our clients not just products of a completely new quality, but also high-tech, customized solutions for using these.

LNG bunkering sector

We’re actively developing these business areas. Our next step in bunkering is going to be moving into the LNG bunkering sector. Gazprom Neft was the first company in Russia to start building its own LNG bunkering vessel – which has already been successfully put to sea, for commissioning, we expect, later this year. If we’re talking about the bitumens business, then the skills we have developed are now allowing us to establish our own roadbuilding company.

We take a product-based approach to everything we do and believe that add-on products and businesses can appear at any point in the value chain. The company is already monetizing its skills and competencies in drilling, logistics, developing new technologies, and much more. These makeup just a small part of our income, so far, but they’re going to grow.

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Source: Gazprom Neft