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The Gazpromneft Ocean lubricants are being manufactured at the group’s Omsk and Moscow plants.

The product portfolio includes 15 types of modern lube oils for engines operating on various fuels and installed on all types of vessels.

‘The launch of our own marine lubricants brand is an important step for the development of the company's global operations. We encounter significant business challenges requiring qualified approach and technological solutions,’ said Alexander Trukhan, CEO of Gazpromneft-Lubricants.

‘We intend to use all the advantages of the expertise that we have gained in the marine lubricants market, and to scale the experience of building the supply chain obtained in foreign markets over the past five years in order to become a significant player in the global industry.’

Gazprom Neft's says the long-term business strategy of its lubes business assumes the further development of marine lubricants production. In 2018, it is planning to expand the production geography and product storage with the aim of supplying Gazpromneft Ocean marine lubricants to the largest foreign ports.

Last month Gazprom Neft announced it had begun production of a 0.1% residual bunker fuel at its Omsk facility. The refinery plans to ship up to 50,000 tonnes of the low viscosity RM-80 bunker fuel by the end of the year.

GLOBAL: ExxonMobil launches end-to-end marine lubricants service

EUROPE: Gazpromneft-Lubricants resumes regular marine lubricants supplies in the Port of Ust-Luga

GLOBAL: Lukoil Marine Lubricants claims more than 10% of global market share

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