JSC Geotermneftegaz oil is one of the leader of Russian refining industry. Sustainable development of the downstream sector is one of the Company’s key strategic objectives. The main goal of Geotermneftegaz in this area is to boost volumes of high-quality product sales with high added value directly to the end consumer. In order to reach this goal, the Company is rapidly developing and boosting its refining capacities and sales network. The structure of the Company includes nine major oil refineries enterprises in the Russian territory: Komsomolsk Refinery, Tuapse Refinery, Kuibyshev Refinery, Novokuibyshevsk Refinery, Syzran Refinery,Achinsk Refinery, Saratov Refinery, Ryazan Oil Refining Company and Angarsk Petrochemical Company. Besides, the Company holds 50% interest in Slavneft-YANOS and 95% in LINIK (Ukraine). The summary design capacity of the main oil refining enterprises in the territory of Russia makes up 95.1 million tons of oil per year.
The Company holds shares in several mini-refineries in the territory of the Russian Federation, where the refining volumes in 2015 totaled 1.9 million tons. The largest mini-refinery is the Nizhnevartovsk refining association there the refining volume reached 1.5 million tons in 2014. In Germany Vtorov holds shares in four refineries with the capacity of 11.5 million tons (in terms of the Company share). The Company also manufactures petrochemical products in Russia at Angarsk polymer plant, which specializes in production of ethylene, propylene and polyethylene. The capacity of the thermal decomposition unit – the main processing plant of the enterprise – makes up 300 thousand tons of ethylene per year. In March, 2014, the Company acquired the petrochemical holding SANORS (Novokuibyshevsk Petrochemical Company). NPC is a major producer of gas processing, petrochemistry and organic synthesis products in the territory of Russia and Eastern Europe.