Gazpromneft Marine Bunker updated its long-term development strategy by extending its planning horizons by five years and setting targets up to 2025
By the year 2025, the updated strategy envisages to:
- increase the bunker fuel sales to 4.9 million tonnes per year;
- develop its own terminal network;
- increase its own fleet;
- construct and commission LNG bunkering vessels;
- maintain bunkering operations with LNG.
The forecast scenario for the development of the bunkering market envisages gradual replacement of fuel oil with diesel fuel and LNG by 2025 due to stricter requirements to marine fuel quality and the introduction of restrictions on sulphur content. The development strategy provides for Gazpromneft Marine Bunker's participation in the implementation of LNG bunkering projects and the formation of a new segment of the bunkering market.
The implementation of the development strategy will allow Gazpromneft Marine Bunker to retain its leading positions in Russia's bunkering market and secure itself a place among the top twenty largest international bunkering companies.