Fri 22 Apr 2016, 09:28 GMT

Threefold sales increase for Gazpromneft Lubricants in 2015


Supplier says it is Russia's leading supplier of marine oils with a 26% market share.



Gazpromneft Lubricants LLC, a subsidiary of Gazprom Neft, claims that it is Russia's leading supplier of marine oils by volume with a market share of 26 percent, following a threefold increase in sales from 2,500 tonnes in 2014 to 8,000 tonnes last year.

Contracts entered into with customers including Sovcomflot, Norilsk Nickel, Far East Shipping Company (FESCO), FSUE Rosmorport and CJSC Rosnefteflot have seen its client portfolio increase by 50 percent, the company says.

Gazpromneft Lubricants points out that the increase of its client portfolio has been helped by the fact that it has expanded its supply coverage, commencing operations in Novorossiysk, Rostov On Don, Murmansk, and Kaliningrad in 2015.

Gazpromneft Lubricants is also a partner of Chevron's oils supply network. Chevron marine oils are now available at more than 600 ports worldwide, including major Russian ports.

Texaco-branded marine oils are produced under licence from Chevron Marine Lubricants (CML) at Gazpromneft Lubricants' facilities in Italy and Russia. Texaco marine oils are produced from Russian base oils approved by CML laboratories using Chevron Oronite additives under CML technologies.

"All Texaco-branded products are developed in line with the latest environmental requirements incumbent upon shipping companies, are certified and approved according to Russian and international standards, and are recommended and approved by international marine engine and systems manufacturers including MAN-B & W, Sulzer, Wartsila, Caterpillar, Deutz, ABB, Rolls-Royce, and others," Gazpromneft Lubricants said.

Alexander Trukhan, CEO, Gazpromneft Lubricants, commented: "The marine oils business is growing, in line with the company's long-term development strategy. We are increasing production capacity, implementing new technologies, and obtaining official approvals and recommendations from major equipment manufacturers. Our service programmes are in high demand from consumers, and speedy delivery together with perfect product quality guarantee our long-term engagement with major market players."

Gazpromneft Lubricants specialises in the production and sale of oils, lubricants and service fluids. Established in 2007, it has five production facilities throughout Russia, Italy and Serbia. Total production volumes stand at 500,000 tonnes of premium oils, lubricants and service fluids per year.


Rolls-Royce mtu engine test bench. Rolls-Royce Power Systems switches German engine test facilities to HVO fuel  

Company saved 3,200 tonnes of CO2 by end of 2025 after switching to renewable diesel.

MSC Migsan delivery ceremony. Changhong International delivers final LNG dual-fuel container ship 205 days early  

Chinese shipbuilder completes 10-vessel series for MSC with delivery of 11,500-teu MSC Migsan.

Seoul city skyline. Oilmar seeks senior and mid-level bunker traders in Seoul  

Marine fuel firm aims to recruit experienced traders for South Korean operations.

Morten Thomas Jacobsen, GEA. Global Ethanol Association to present on ethanol marine fuel at London shipping expo  

Morten Thomas Jacobsen will discuss ethanol fuel trials and maritime decarbonisation challenges in June.

Adrian Tolson, IBIA. IBIA warns of structural shift in marine fuel market following Middle East tensions  

Association chair says geopolitical disruptions signal lasting changes to bunker supply dynamics and pricing.

HMM Hamburg vessel. Rotterdam bunker volumes plunge 25% in first quarter amid regulatory shifts  

Fossil fuel sales decline sharply while alternative fuels show modest growth in Dutch port.

Camellia Dream vessel. Norsepower completes factory tests for 18 rotor sails bound for Airbus fleet  

Wind propulsion units cleared for installation on LD Armateurs vessels targeting 50% emissions reduction.

Frankie Russ vessel. Ernst Russ acquires four chemical tankers with five-year charters worth $126m  

Hamburg shipowner enters tanker segment with methanol-ready newbuildings delivering from Q4 2026.

Ammonia fuel system component. Wärtsilä boosts ammonia engine power output to match LNG equivalent  

Finnish technology group raises Wärtsilä 25 Ammonia engine output, enabling simpler vessel designs.

Aerial view of a cruiseship at sea. Fincantieri secures order for three LNG-fuelled cruise ships from Princess Cruises  

Italian shipbuilder to construct vessels at Monfalcone yard, with deliveries scheduled through 2039.