2020 highlights

Continuous reserves growth

Gazprom Neft continued to actively develop its resource base in 2020. This significant increase in the Group’s proved reserves (+34%) was driven by farm-in reserve additions at oil rims and Neocomian-Jurassic gas and gas condensate deposits at Gazprom PJSC fields developed under long-term risk operatorship agreements.

Proved hydrocarbon reserves, mtoe
Stable hydrocarbon production

Under the OPEC+ agreement, the company cut oil production but secured an increase in gas and condensate production. The increase was achieved by commissioning new wells at the Arcticgas fields and at the Novoportovskoye field, launching additional production capacity that increased APG utilisation at fields in the Tomsk and Orenburg Oblasts, and starting up the new gas treatment unit at the Vostochno-Messoyakhskoye field in the Yamalo-Nenets Autonomous Okrug.

For more details, see «Resource base and production»
Hydrocarbon production,mtoe
Successful refinery modernisation programme

In 2020, Gazprom Neft continued implementing its programme to develop its refining facilities, aimed at increasing refining depth and efficiency, as well as further reducing the company’s environmental impact. In July, the Moscow Refinery celebrated the launch of Russia’s first Euro+ combined oil refining unit. Refinery modernisation projects have enabled the company to boost production of high-octane gasolines by 5.1% and diesel fuels by 5.7%.

For more details, see «Refining and manufacturing»
Refining throughput, mt

In 2020, Gazprom Neft ensured a high level of COVID-19 protection for its employees, partners and customers; maintained the continuity of all operating processes and retained financial stability; significantly increased its hydrocarbon reserves and sustained stable production levels.

Fighting COVID-19 together

Amid the COVID-19 pandemic, we ensured the continuity of all operational processes. Production assets did not halt operations for a minute. In addition to protecting the health of our employees and partners, Gazprom Neft helped hospitals and volunteers, as well as local communities across our footprint. Our flexibility, human focus, new organisational approaches and active process digitisation helped us accomplish the most challenging of tasks with maximum efficiency.

For more details, see «2020 Challenges»
Responsible attitude to the environment

As part of the consistent implementation of its sustainability policy, in 2020, Gazprom Neft joined the UN Global Compact, the largest voluntary international initiative for sustainable development and corporate social responsibility. Gazprom Neft has also achieved the highest score among Russian oil companies in the Carbon Disclosure Project (CDP), the world’s leading environmental disclosure and performance rating system.

For more details, see «Sustainable development»