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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.