Gazpromneft-Lubricants to triple marine lube supply to Rosmorport

Russian supplier reports planned increase in supply volume to more than 1,500 tonnes.

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Updated on 16 May 2017 08:33 GMT

Gazpromneft-Lubricants Ltd - a subsidiary of Gazprom Neft specializing in the production and sale of oils, greases and technical fluids - reports that it has signed a new three-year agreement with Rosmorport to supply marine lubricants to its fleet.

According to the Russian lube supplier, the planned volume of supplied products by the end of 2019 will be more than 1,500 tonnes, which is three times higher than the scope of supply under the previous agreement.

The range of lubricants to be suppliled to Rosmorport includes industrial and motor oils for marine engines, transmissions, reducers, compressors and other equipment.

The sales territories covered in the current agreement are to include the North-West, Far Eastern, Southern and North-Caucasian Federal Districts of the Russian Federation.

As Bunker Index previously reported, Gazpromneft-Lubricants claimed in February that it 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.

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

Image: Drums of Gazprom and Texaco lubricants.