Gazprom Neft - lubricants plans to increase its stake in Kazakhstan's oil supply market up to 30%

19.04.10 20:06
/IRBIS April 19, 2010/ - Gazprom Neft - Lubricants plans to increase its stake in Kazakhstan's oil supply market to 30%, reported today by RBC, with reference to a statement by Mr. Alexander Trukhan general director in Turin (Italy), where the company has announced start of a new line of oils, G-Energy. As indicated, he said that "Gazprom Neft - lubricants in 2010 will increase investment in the production of lubricating oils by more than 6 times compared to the year 2009 - up to 34 million euros. Mr. A. Trukhan also added that the company's investments in this market segment in 2011 will amount to 35.5 million euros, and in 2012 - 40.4 million euros. In total, the company plans in 2010-2012 realize high potential investment of 133 million euros, which will focus on manufacturing, technology and marketing. "Gazprom Neft plans to increase its stake in Russian oil supply market from 16% to 20%. In Ukraine plans to increase it up to 15%, Kazakhstan - 30%, and in Italy to bring up to 10%. By 2020, production oils will increase nearly 5 times - up to 450-500 thousand tons ", - stated in the message. [2010-04-19]