Gazprom Neft PJSC is one of the biggest producers and suppliers of bitumen products Overall bitumen market in Russia. in Russia. The Company’s share of the Russian bitumen materials market increased by 3.1 p.p. to 34.4% in 2017. Gazprom Neft sold 2.7 million tonnes of bitumen materials last year, an increase of 22.0% from 2016. The higher bitumen sales is due to growth in demand on the Russian market, entry to new foreign markets, and the expanded geography of processing at third-party sites. Gazprom Neft’s bitumen material production facilities are located in Russia (Moscow, Omsk, Yaroslavl, Ryazan, and Vyazma) as well as Serbia and Kazakhstan. The Company launched bitumen production at processing facilities in the Volga, Siberian, Ural, and North-West Federal Districts as well as at two sites in Kazakhstan in 2017, bringing the number of processing sites to seven.
In addition, Gazprom Neft has increased the productivity of its assets: the facility in Kazakhstan almost doubled output (from 550 to 1,000 tonnes/day), while the facility in Ryazan boosted output by one third (from 288 to 384 tonnes/day).
In 2016, Gazprom Neft bought a controlling stake in NOVA-Brit LLC (Vyazma), a major producer of innovative bitumen materials. The Company launched the production of innovative products such as protective, regenerative, dipping compounds and primers in 2017. Brit brand products were used to repair runways at the Almaty airport. This product was also approved for use in construction and repair work in the St. Petersburg metro system. In 2017, the Company introduced the premium products to new markets: both developed countries such as Finland as well as developing countries such as Bolivia, Chile, Peru.