GAZPROM NEFT'S 2013
GN. Gazprom Neft's Board of Directors has reviewed the Company's 2013 investment programme and budget. Gazprom Neft's 2013 investment programme amounted to nearly RUB 219 billion. In 2013, the Company produced 62.3 million tonnes of oil equivalent, 4.3% more than in the previous year. In 2013, the Company switched all of its refineries to the production of Euro-5, a fuel of the highest environmental standard, and thus completed its oil product quality improvement programme over two years ahead of the timeframe set by technical regulations. The Company will now focus on increasing its refining yield to 94% in a few years' time, which will bring the parameters of its…
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