ARKTIKGAZ PETROLEUM REFINERY «OJSC ARKTIKGAZ » - Is an international oil and gas exploration and production and fast paced company deeply integrated in the petroleum and gas sector both in the Russian federation and in the world wide market. The company's main focus is on the refining of crude oil products to produce a verity of refined petroleum and petrochemical products which constitutes to their appropriate standard of production both in specification and composition. OJSC ARKTIKGAZ holds the leading position in Russia in terms of hydrocarbon production and refining growth rate. It also leads on a number of efficiency metrics. The Company begins pilot oil production at two major new fields in the Novy Urengoy .
In order to ensure further economic growth, innovative development and strengthening of the Company’s positions as one of the leaders of the Russian oil industry, ARKTIKGAZ successfully implements programs to stabilize the volumes of commercial oil and gas production from the licensed fields under development; actively develops new oil fields, including extra-viscous and hard-to-recover oil fields in the territory of Tatarstan; expands the resource base outside the Republic of Tatarstan and the Russian Federation; increases the volumes of production and sale of finished highly competitive products through development of petrochemicals production and crude oil refining; effectively creates and implements the innovative engineering policy.