GAZPROM NEFT INCREASED BY 12% PREMIUM LUBE OIL G-ENERGY SALES IN 2018
Gazpromneft-Lubricants, the Gazprom Neft’s lubricant business operator, increased by 12% to 52,000t sales of premium lubricant oil G-Energy tons in 2018.
The total sales volumes increased by 21% and amounted 703,000t. In particular, sales in Russia rose to 479,000t (+ 26%), abroad to 224,000t (+ 11%). The main drivers of growth were the strengthening of an international distribution network, which today has about 300 partner companies, expanding the range of lubricants with high-tech recipes, as well as introducing specialized innovative products to the market. In 2018, Gazprom Neft’s sales geography of lubricants expanded to 78 countries, including those from Singapore, Tanzania, Nepal and Pakistan.
The company continued to develop the project G-Energy Service - today the network of service stations includes 170 stations in 16 countries. During 2018, 360,000 motorists used the services of express replacement of oils at partner service stations.
Alexander Trukhan, Managing Director, Gazprom Neft-Lubricants: “The steady growth in sales of premium lubricants allowed us to achieve strategic targets two years ahead of schedule. "
Gazpromneft-Lubricants is a 100% subsidiary of Gazprom Neft. The company's products are used by industrial and agricultural enterprises, shipping companies, as well as ordinary car owners in Italy, Hungary, Greece, Egypt, China, India, Colombia, etc. Deliveries are carried out in 75 countries of the world.
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