Who we are

LLC GEOTECHNOLOGY
A private oil and gas refinery in Russia, with the expertise in exploration, production, oil refining, and marketing of petrochemical products and natural gas, with track records and intense performance domestically and internationally.

ABOUT

LLC GeoTechnology is an oil and natural gas refinery privately owned and controlled, founded, and was incorporated in 2006, the company is fully focused on exploration of hydrocarbon deposits, oil, and natural gas production as well as upstream, midstream, and downstream activities. The refinery owns a number of licenses approved by the state authorities for geological survey, exploration, and production of petroleum materials at oil and gas matured fields within the territory of the Russian Federation and its continental shelf. The main objective of the refinery, is expanding our hydrocarbon deposits and exploration activities by evaluating and acquiring new licensed sites, seismic exploration, exploration and production drilling with advanced technologies. Since 2016, the refinery has reached the level of a 150 – 250 thousand meters of production drilling, which gave the refinery up to 45 new wells annually, drilling are also carried out both on matured and new fields.

Over the years, LLC GeoTechnology has been comprehensively modernizing the refinery facilities with a total value of over 187 billion rubles. The company is gradually getting rid of obsolete production facilities and introducing modern industrial complexes. Thanks to the implemented modernizing projects, the company has already reduced its environmental footprints by 68%.

The purpose of modernization is to achieve the best international ASTM, REACH, and GOST standards for efficient production and environmental safety.

THE MAIN PRODUCTION INDICATORS OF THE REFINERY IN 2020

5.1

million tons

CRUDE OIL REFINING VOLUME

161

thousand tons

EURO-5 HIGH-OCTANE GASOLINE OUTPUT

62%

-

DEPTH OF PROCESSING

1.7

million tons

EURO-5 DIESEL PRODUCTION

54%

-

THE YIELD OF LIGHT PETROLEUM PRODUCTS

60

thousand tons

AVIATION KEROSENE PRODUCTION

ENGAGING WITH OUR CLIENTS

As an independent oil and gas producer and supplier, we provide the product needed for everyday-to-day life, affordably, ever-cleaner, and in a sustainable way. We differentiated ourselves from major key players in the petroleum industry by committing to long-term business and beneficial relationships with our corporate clients, traders, and private individuals. Thanks to the refinery’s coordinated personnel and agents over the years with vast experience in the regional and international marketplace and the field of petroleum distribution networks, the company is growing year-to-year. LLC GeoTechnology has earned a reputation as a privately owned and controlled oil refinery for reliably supplying and moving energy commodities to those with the greatest demand.

The company’s position in the upstream, midstream and downstream sectors, gives us a significant competitive advantage in the worldwide marketplace, as, we are rapidly expanding our distributions networks of petroleum and cleaner natural gas commodities across the international market, with Asia-Pacific, the Americas, the Middle East and Europe being the company’s major trading destinations.

Our basic principles require constant hard work, but at the same time, allows the company to achieve its main objectives – quality customer service, competitive petroleum product prices, and reliable fuel supply, we believe these factors are crucial for our business expansion in the oil industry, under difficult economic recessions.

Continental delivery

73%

of the refinery’s petroleum products are sold and exported across the continents. Petroleum supplies to the North and South Americas proved to be the most lucrative business for the company, with faster shipping times, reliable export routes. While crude oil deliveries via pipeline to China via the state-owned pipeline transit network has been much more reliable. Our shipments to the Asia Pacific grew by 45% in 2020 comparing to 35% in 2019 from these developments. The refinery cooperates with leading international shipping and vessel handlers to enable faster loading and delivery times, according to the shipping schedule stipulated on the contract.