Rosneft is the leader of Russia’s petroleum industry and the world’s largest publicly traded petroleum company. Company’s main activities include prospecting and exploration of hydrocarbon deposits, oil, gas and gas-condensate production, upstream offshore projects, processing, as well as oil, gas, and product marketing in Russia and abroad.
Refining
The Company has the largest oil refining capacities in Russia. The volumes processed at its refineries in the Russian Federation amounted to 84.7 mmt in 2015, being the best level for the Company in the current demand conditions and oil/petroleum product price environment. However, the yield of light petroleum products grew from 54.8 % in 2014 to 55.3 % in 2015, and convertion rate from 65.3 % in 2014 to 66.5 % in 2015 driven by higher vacuum gasol production and optimization of secondary processes.
