We are a leader in the refining and production of petroleum and petrochmical products in the Russian Federation, supplying crude oil and petroleum products throughout the world. We own and operate several oil fields in the country.
BALAKOVSKOE PETROLEUM REFINERY is a world-class provider of petroleum and petrochemical products with superior customer relationships, talented ship and shore-based staff, high operational standards, and a long history of profitability and growth. To meet the expectations of our customers, stakeholders and employees, our mission is to remain focused on these primary business goals.
Our modernized and upgraded petroleum refining facilities and commitment to high quality, incident-free service positions us as a preferred suplier to our clients which include major oil and gas companies, refiners and traders throughout the world.
BALAKOVSKOE PETROLEUM REFINERY has operated through multiple cycles, making adjustments to our business as needed to compete and succeed. To meet the expectations of our customers, stockholders and employees, we are focused on these business goals:
Provide safe, efficient and reliable products to customers, ensure the highest standards of safety and environmental compliance throughout our organization, attract investment by providing stockholders with superior returns, create a rewarding and challenging work environment for employees.
Our vision is to be the most respected energy production company in the local and international trade market. Central to our vision is providing incident-free extraction refining and logistics services while protecting our employees and the environment. We achieve this by staying focused on doing these things right:
We develop strong relationships with customers by listening to their needs and responding by providing the best service; We continually improve and innovate; We operate with integrity; and We recognize that our people are our greatest asset.
Our vision is to be the most respected energy production company in the local and international trade market. Central to our vision is providing incident-free extraction refining and logistics services while protecting our employees and the environment.
BALAKOVSKOE PETROLEUM REFINERY technical, operational and logistic strengths act as a leverage for its refinery units, asset utilisation and optimisation, the key components of the business model. Read more
BALAKOVSKOE PETROLEUM REFINERY entered the Exploration and Production business by becoming partners in with unincorporated joint ventures. Our domestic portfolio comprises of twelve conventional oil and gas blocks all around the nation. Read more
Our upstream joint ventures in Shale gas include working interest partnership. These JVs have positioned us as one of the leading players in the sector. Our current Patrners in shale remain the most competitive liquid shale plays globally. Read more
We seek internal and external perspectives to identify and help us better understand the risks and opportunities associated with new and emerging issues. The issues identified are evaluated for their relevance to us and their impact. Read more