Petroleum refining and marketing is the drive for growth of BALAKOVSKOE PETROLEUM REFINERY and global leadership in the core energy and materials value chain.
Our manufacturing division is the largest refining hub nationwide. The refining complex was built in a record time at globally competitive capital costs – in fact, at costs much lower than comparable refineries around the world. Its scale, design, flexibility, level of automation and degree of integration heralded the way refineries of the future would be built. The speedy growth of the complex lies at the heart of national transformation. Which has significantly transformed thhe exportation of petroleum products in the Russian Federation, thereby ensuring the nation's energy security.
With crude processing capacity of 1 million Barrels Per Stream Day, Our refinery is a trendsetter and has won several awards.
Petroleum and petrochemical products from BALAKOVSKOE PETROLEUM REFINERY are exported to several countries across the world. The refinery is future ready and produces gasoline and diesel of any grade. BALAKOVSKOE PETROLEUM REFINERY has several other refinery structures – the eight largest in the world. This refinery has a capacity for processing 580,000 BPD of crude. The company also markets petroleum fuels in several countries through its subsidiary corporations.
Key Components of the Business Model
BALAKOVSKOE PETROLEUM REFINERY technical, operational and logistic strengths act as a leverage for its refinery units, asset utilisation and optimisation, the key components of the business model. These strengths, coupled with our highly integrated plants and automated processes, augment our business's operating efficiencies. Moreover, our refineries are strategically located, offering the benefits of low transportation costs for feedstock and proximity to high-growth markets.
The goal of business is to deliver industry leading returns and be a source of medium-term growth, while focusing on health, safety and environment.
High production capacity ensures industry leading capital per barrel. Dedicated marine facility, giving access to the world's largest crude and product vessels. Scale of operations and energy efficiency ensure the lowest operating costs, globally.
BALAKOVSKOE PETROLEUM REFINERY integrated Supply and Trading team works real-time with the refinery operations to optimise asset utilisation. Ability to process all grades of crude oil and meet the increasingly differentiated and more demanding product specifications.
Our vision is to be the most respected energy production company in the local and international trade market. Central to our vision is providing incident-free extraction refining and logistics services while protecting our employees and the environment.
BALAKOVSKOE PETROLEUM REFINERY technical, operational and logistic strengths act as a leverage for its refinery units, asset utilisation and optimisation, the key components of the business model. Read more
BALAKOVSKOE PETROLEUM REFINERY entered the Exploration and Production business by becoming partners in with unincorporated joint ventures. Our domestic portfolio comprises of twelve conventional oil and gas blocks all around the nation. Read more
Our upstream joint ventures in Shale gas include working interest partnership. These JVs have positioned us as one of the leading players in the sector. Our current Patrners in shale remain the most competitive liquid shale plays globally. Read more
We seek internal and external perspectives to identify and help us better understand the risks and opportunities associated with new and emerging issues. The issues identified are evaluated for their relevance to us and their impact. Read more