BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry



« News Home
:: Monthly Archive

News Topics
:: Air Pollution
:: Agreements & M&A's
:: Alternative Fuels
:: BunkerBlog
:: Cargoes & Storage
:: Company News
:: Efficiency, Costs & Charges
:: Environment
:: Events
:: Financial
:: Fuel Quality & Testing
:: Lubes & Additives
:: Oil Spills
:: People
:: Port News
:: Projects
:: Regulation, Legal
:: Services, Products,Technology
:: Statistics & Research
:: Vessels

Regional Archive
:: Americas
:: Asia/Oceania
:: Europe
:: M.East/Africa


BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
Home » News





Gazpromneft-Lubricants starts new Caspian supply operation

04 Jul 2017 07:08 GMT

Supplier targets growth in the Caspian Sea, which it describes as 'a promising region with a great potential'.



Gazpromneft-Lubricants - a subsidiary of Gazprom Neft specializing in the production and sale of oils, greases and technical fluids - has started performing marine lubricants deliveries in the Caspian Sea port of Makhachkala, located in the Republic of Dagestan.

The first supply to the dredging vessel Dniester was carried out as part of a three-year agreement with Rosmorport signed in the spring of 2017.

According to the agreement, Gazpromneft-Lubricants is to deliver 1,500 tonnes of marine lubricants to Rosmorport's vessels.

The sales territories of Gazpromneft-Lubricants covered under the agreement include the Northwestern, Far Eastern, Southern and North Caucasus Federal Districts of Russia.

In addition to Makhachkala, Gazpromneft-Lubricants also supplies marine lube oils in the Caspian Sea port of Astrakhan.

Roman Miroshnichenko, Head of the marine lube oils business at Gazpromneft-Lubricants, said: "We supply marine lube oils to the port of Makhachkala in order to satisfy the growing market demand for marine lubricants of high quality. The Caspian Sea is a promising region with a great potential, and we plan to increase our presence in the area in the nearest future."

Established in 2007, Gazpromneft-Lubricants produces Texaco-branded marine motor oils at its plants in Omsk and Moscow. They are made from Russian base oils using Chevron Oronite additives and are under licence from Chevron Marine Lubricants.

Back in February, the company claimed that it had increased its market share in the Russian marine oils business by 10 percent in 2016, bringing its total contribution to sales in the country to 36 percent.

The Gazprom Neft subsidiary said sales of marine lubricants to ships rose by approximately 6,000 tonnes, or 75 percent, to around 14,000 tonnes last year and that deliveries to foreign ship owners in Russian ports more than doubled to 2,200 tonnes.

Image: Drums of Gazprom and Texaco lubricants.






Related Links:

Gazpromneft-Lubricants to triple marine lube supply to Rosmorport
Gazpromneft-Lubricants claims 36% market share in Russia
Threefold sales increase for Gazpromneft Lubricants in 2015
Rosmorport seals marine lubricants contract

Latest News:

Ceremonies held for MSC Cruises ships with scrubbers
VLCC with '20%' bunker savings delivered to K Line
Vermont Bunkering and staff charged over fraudulent transactions in Singapore
Oil market seems to be struggling to find direction
Oil and fuel oil hedging market update
Aegean expects to launch 'at least one' new bunker supply service in H1 2018
Peninsula signs storage agreement in Houston with HOFTI
Another day in bearish territory?
Oil and fuel oil hedging market update
Aegean posts net loss and 23.2% drop in gross profit
Wartsila launches gas-fuelled version of world's most efficient four-stroke engine
Singapore updates restrictions on selling bunkers to North Korean ships




Page Links:

Prices
Africa
Asia
Latin America
Middle East
North America
North Europe
South Europe
Index Summary
Price Highlights
Commentaries
Futures
Prices
Antwerp
Busan
Cape Town
Fujairah
Houston
Istanbul
Kaohsiung
Las Palmas
Maracaibo
New Orleans
Piraeus
Rio
Rotterdam
Santos
Singapore
News
Latest News
Blogs
Archive
Americas
Asia
Europe
Middle East
News
Air Pollution
Agreements & M&A's
Alternative Fuels
Cargoes & Storage
Efficiency, Costs & Charges
Environment
Events
Financial
Fuel Quality
Lubes & Additives
Oil Spills
People
Port News
Projects
Regulation/Legal
Services, Products, Technology
Statistics & Research
Vessels
Contact & Terms
Contact Us
Advertise
Terms & Conditions
Privacy Policy
Events
Upcoming Events