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Russia: Gazprom Neft CEO announces move into LNG bunkering sector

28 Apr 2021

Alexander Dyukov, CEO of Russian oil producer Gazprom Neft on Monday (26 April) said the next step for the company is to move into the liquified natural gas (LNG) bunkering sector.

Gazprom Neft was the first company in Russia to start building its own LNG bunkering vessel – which has already been successfully put to sea. The company said it expects the vessel to be ready for commissioning later this year.

“Gazprom Neft is always looking for new opportunities for adding value – in existing businesses, and also by moving into related or even completely new markets for us. And we’re already seeing some remarkable results here,” said Dyukov.

“As recently as 15 years ago, the company had virtually no presence in the marine bunkering or aircraft refuelling markets. And, today, we are, already, one of the market leaders in these sectors, operating not just in Russia but worldwide.

“The same can be said of lubricants and bitumens. Whereas, 15 years ago, we were, literally, shipping base oils direct from the plant, by tanker, today we are offering our clients not just products of a completely new quality, but also high-tech, customised solutions for using these.”

Photo credit: Gazprom Neft
Published: 28 April, 2021

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