Gazprom Neft plans to boost refined fuels output in 2025
Gazprom Neft plans to increase investment in major projects in 2025, and expects to increase oil refining and output of light oil products, the company's head, Alexander Dyukov said.
"We plan for investment to be increased in 2025 compared to 2024, due to the schedule for delivering major projects," he said. Dyukov also said the company's business plan was based on the oil price in the forecast for socio-economic development: "There are forecasts by the Economic Development Ministry, we go by them," he said. Regarding refinery throughputs, Dyujkov said: "We do of course expect positive dynamics in 2025."
"Last year, we increased refinery throughputs, as well as light product output, thanks to our refineries modernization program. New units have been commissioned at our refineries, which allow us to increase output of light oil products, gasoline, diesel fuel and kerosene. So regarding volume of light product output, then 2024 is a record year. Next year, too, we plan to increase both refining volume and light product output," Dyukov said.
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