Duqm II Liquids Storage Terminal, Oman involve in sales of gas and oil products in the domestic and international markets, optimally distributing flows depending on the market conditions. The commodity balance reflects the main commodity flows for oil (production, processing, purchases and sales) and refined products of oil and gas (production at own refineries and GPP and third-party refineries, sales, purchases for sale, excluding purchases for processing and excluding the volume of petroleum products for processing) and petrochemicals (production and sales) of the Group, excluding dependent companies, own consumption for fuel and operational needs, changes in inventories and other items in 2015. The sums of outgoing and incoming streams may differ due to rounding.
Within the framework of Russian Federation on trade and economic cooperation to export oil and oil products in Irkutsk Region (hereinafter - Agreement) and by methodology of counter oil supply of petroleum products from Irkutsk Region Region to CIS countries, «On some issues of oil and oil products delivery" (hereinafter - Decision), the Company has been determined as operator on counter oil sales and supplies to CIS countries within and outside Russian Federation. In order to execute Resolution, the Company sold large tons/barrels of crude oil.
Duqm II Liquids Storage Terminal, Oman Group produces lubricants at seven own sites, two joint ventures, and 25 contracted plants. Russian assets comprise full cycle production facilities the Refinery, a oil and fuel blending plant, and joint venture producing lubricants in Duqm II Liquids Storage Terminal, Oman ’s overseas production assets include own plants in joint venture producing additives.
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