Downstream (Refining and Commerce)

Rosneft is No.1 in Russia in terms of capacities and volumes of oil refining. The Company includes 13 large refineriesIncluding OJSC Slavneft-YANOS. with more than 103 mmt of oil processed in 2018.

75.1%
refining depth in 2018

COMPANY’S OPERATIONS in oil refining in 2018 were focused on meeting the market demand for high-quality petroleum products.

58.1%
light product yield
Key Performance Metrics of the Group’s Russian Oil and Gas Condensate Refineries
Indices 2016Including effect from Bashneft purchase in October 2016. 2017 2018 Change 2017/2018, %Counted from non-rounded data.
Crude oil distillation capacity, mmt per year 100.9 118.4 118.4As of 1 January 2019, excluding non-operational capacities undergoing overhauls, including mini-refineries. -
Oil refined, mmt per year 87.5 100.6 103.3 2.8%
Refinery utilization rate, % 86.7 85.0 87.2 2.2 p.p.
Petroleum product and petrochemical output, mmt 84.8 96.9 99.7 2.9%
Refining depth, % 72.0 75.2 75.1 -0.1 p.p.
Light product yield, % 56.6 58.4 58.1 -0.3 p.p.
Russian Refinery Product Mix, mmt

103.3+2.8% mmt
oil refined at Russian oil refineries in 2018
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