Gazprom Neft increased G-Energy premium oils sales by 12% in 2018

Gazpromneft-Lubricants, the operator of Gazprom Neft’s oil business, has increased its sales of premium lubricants under the G-Energy brand by 12% to 52,000 tons by the end of 2018.

The total sales volume increased by 21% and amounted to 703,000 tons. In particular, sales in Russia grew up to 479,000 tons (+26), and on the international market demonstrated an increase up to 224,000 (+11) tons by the end of 2017.

«Consistent growth in premium lubricants sales allowed the Company to reach its strategic performance targets two years ahead of schedule,” said Alexandr Truhan, Director General, Gazpromneft-Lubricants.

The company’s project G-Energy Service develops rapidly, and nowadays, service stations’ network counts with 170 service stations in 16 countries. About 360,000 automobilists changed oil at partner technical service station in 2018.

Sales growth was facilitated both by the international distribution network strengthening, which currently amounts to 300 partner companies, as well as the expansion of the product line and entering new markets.