Fri 22 Apr 2016, 09:28 GMT

Threefold sales increase for Gazpromneft Lubricants in 2015


Supplier says it is Russia's leading supplier of marine oils with a 26% market share.



Gazpromneft Lubricants LLC, a subsidiary of Gazprom Neft, claims that it is Russia's leading supplier of marine oils by volume with a market share of 26 percent, following a threefold increase in sales from 2,500 tonnes in 2014 to 8,000 tonnes last year.

Contracts entered into with customers including Sovcomflot, Norilsk Nickel, Far East Shipping Company (FESCO), FSUE Rosmorport and CJSC Rosnefteflot have seen its client portfolio increase by 50 percent, the company says.

Gazpromneft Lubricants points out that the increase of its client portfolio has been helped by the fact that it has expanded its supply coverage, commencing operations in Novorossiysk, Rostov On Don, Murmansk, and Kaliningrad in 2015.

Gazpromneft Lubricants is also a partner of Chevron's oils supply network. Chevron marine oils are now available at more than 600 ports worldwide, including major Russian ports.

Texaco-branded marine oils are produced under licence 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 under CML technologies.

"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, and others," Gazpromneft Lubricants said.

Alexander Trukhan, CEO, Gazpromneft Lubricants, commented: "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. Our service programmes are in high demand from consumers, and speedy delivery together with perfect product quality guarantee our long-term engagement with major market players."

Gazpromneft Lubricants specialises in the production and sale of oils, lubricants and service fluids. Established in 2007, it has five production facilities throughout Russia, Italy and Serbia. Total production volumes stand at 500,000 tonnes of premium oils, lubricants and service fluids per year.


Ardmore Shipping logo. Ardmore Shipping posts 14% fleet emissions reduction in 2025 sustainability report  

Ardmore Shipping’s annual sustainability report highlights emissions cuts, safety gains and governance rankings across its tanker fleet.

Peter Keller, SEA-LNG. SEA-LNG mid-year review points to continued growth across methane pathway as coalition marks tenth anniversary  

LNG orders, bunkering volumes and biomethane production all rise as SEA-LNG gains IMO consultative status.

Heinz vessel. Econowind receives DNV type approval for VentoFoil 3-Series wind propulsion wing  

DNV certification set to streamline integration of VentoFoils on classed vessels worldwide.

Wärtsilä ammonia engine Wärtsilä to supply ammonia engines and propulsion systems for two Navigator Amon gas carriers  

Mid-size LPG/liquid ammonia carriers will be equipped with Wärtsilä’s ammonia-fuelled auxiliary engines.

Phil Sharp and Toon Muhlheim. Genevos and Koedood Marine Group sign LOI to explore hydrogen fuel cell deployment  

Two companies to collaborate on the use of hydrogen fuel cell systems for inland and coastal maritime transport.

Samskip SeaShuttle vessel render. Samskip brings SeaShuttle project into European HyShip initiative to develop liquid hydrogen infrastructure  

Two hydrogen-powered container vessels will operate between Rotterdam and Oslo from 2027.

Antwerpen vessel. Korea Register and HD Hyundai team up to advance ammonia-fuel shipping in South Korea  

Two organisations are cooperating on eco-friendliness verification for ammonia dual-fuel vessels.

Fabio Cococcetta, WinGD. Green ammonia could become the first commercially viable zero-emission marine fuel, WinGD study suggests  

Joint report by WinGD and Envision Energy sets out the economic case for green ammonia.

Rasul Shirinov, Oilmar. Oilmar appoints junior marine fuels trader at Dubai trading desk  

UAE-headquartered bunker firm hires Rasul Shirinov, with a background in the agricultural sector.

Antonia Maersk vessel. Maersk bunkers large dual-fuel vessel with 100% ethanol in Barcelona  

Ocean carrier scales up ethanol bunkering in bid to broaden its low-emission fuel strategy.