A centralised energy service enterprise called Gazpromneft-Energy Service LLC in which the sole participant is Gazprom Neft PJSC was established in order to provide energy services to the Gazprom Neft Group’s production assets located in the Moscow and Omsk regions.
Gazpromneft-Catalytic Systems (100% of the charter capital is owned by Gazprom Neft PJSC) was established within the structure of the Gazprom Neft Group to implement a project to build catalytic cracking catalyst and hydrogenating process catalyst production facilities. Gazprom Neft’s large-scale project to develop catalyst production at the Omsk Oil Refinery entails the construction of a modern high-tech complex to manufacture domestic catalytic cracking catalysts as well as hydrotreating and hydrocracking catalysts (not currently manufactured in Russia). These include catalysts for key secondary oil refining processes that ensure the production of Euro-5 motor fuels.
The Omsk Oil Refinery currently has catalyst production capacity of approximately of 3,000 tonnes of products per year. The Gazprom Neft project, which is intended to be carried out over the period until 2020, involves the construction of a state-of-the art production facility for hydrogenation catalysts with capacity of 6,000 tonnes per year and catalytic cracking catalysts with capacity of 15,000 tonnes per year. Thus, the Omsk Oil Refinery will have combined catalyst production of 21,000 tonnes, which will make it possible to fully meet the Russian oil refining industry’s demand for catalytic cracking catalysts and hydrogenation catalysts.
In June 2016, Gazpromneft-Lubricants acquired 100% shares/interest in the assets of the Rospolikhim Group of Companies: Sovkhimtekh CJSC, Poliefir LLC and BSV-KHIM LLC.
As a result of the transaction, the Gazprom Neft Group acquired an asset with a full ester production cycle. The assets have maximum production capacity of 5,450 tonnes per year. Apart from real estate, the main assets that were acquired include the companies’ licences, patents, technical documentation, exclusive permits and clearances to supply oils and special liquids. The goal of the acquisition was for the Gazprom Neft Group to enter new promising segments for premium products based on Group 5 base oils.
Gazpromneft-Bitumen Materials LLC acquired a 75% stake in the charter capital of NOVA-Brit LLC, a company that specialises in the production of bitumen-derived encapsulating materials under the BRIT® brand, which are used for the construction, repair and maintenance of roads, airfields and artificial structures and also in civil engineering. The company’s products meet international quality standards.
The Gazprom Neft Group’s participation in NOVA-Brit LLC diversifies its sales channels, provides the group with access to a new high-margin market for innovative bitumen products for airfield, road and civil construction as well as the opportunity to join forces with a leader in the manufacturing of bitumen-derived products in order to develop and promote modern high-tech materials for oil and gas industry pipelines.
On 19 August 2016, Gazpromneft-Aero JSC closed a transaction to acquire a 100% stake in the charter capital of CHUKOTKAEROSBYT LLC from the Chukotsnab State Unitary Enterprise of the Chukotka Autonomous District. CHUKOTKAEROSBYT LLC handles aviation fuel supplies at three airports of the Chukotka Autonomous District: Anadyr, Pevek and Keperveyem. The transaction was concluded as part of Gazprom Neft Group’s project to acquire the aviation fuel business at airports of the Chukotka Autonomous District.
In April 2016, the activities of Gazpromneft-Aero Ulyanovsk LLC were terminated via a merger with Gazpromneft-Aero JSC in an effort to optimise the latter’s corporate structure. The moveable property of Gazpromneft-Aero Ulyanovsk LLC was transferred to the Ulyanovsk branch of Gazpromneft-Aero JSC to continue activities involving aircraft fueling in the Ulyanovsk Region.
A stake was sold in the non-core asset Murmansk Airport OJSC (24.12% of shares), which had been owned by Gazpromneft-Aero JSC.
In an effort to improve the efficient management of production assets in the Orenburg Region, the reorganisation of Gazprom Neft Orenburg CJSC was completed in 2016 through the acquisition of Centre for Science-Intensive Technologies CJSC (which owns licenses for the right to use the subsoil resources of the Tsarichansky area, Filatovskoye field and Tsarichanskoye field) and Zhivoy Istok CJSC (which owns licenses for the right to use the subsoil resources of the Baleykinskoye field and Uransky area) with the simultaneous transformation of Gazprom Neft Orenburg CJSC into a limited liability company.
As part of optimising the ownership structure of the Gazprom Neft Group’s subsidiaries, the following companies were put under the direct ownership of Gazprom Neft PJSC:
- Gazpromneft-Supply LLC (ownership interest of Gazprom Neft PJSC – 80.89%; other participants – Gazpromneft-Omsk Oil Refinery JSC and GPN-Invest LLC);
- Meretoyakhaneftegaz LLC (ownership interest of Gazprom Neft PJSC – 100%).
In order to reduce administrative expenses on supporting the activities of the Gazprom Neft Group’s companies, two joint-stock companies that are part of the Gazprom Neft Group were reorganised into limited liability companies in 2016: Gazpromneft-NNGGF OJSC and Gazpromneft-RZBM CJSC.