Our business model is based on the principle of maximum vertical integration and commitment to the sustainable development principles in order to create value added and further reinforce the high resilience of our business to the changing macroeconomic environment through risk diversification.
Each day we improve the quality of life for millions of consumers in over 100 countries around the globe through the supply of our products, power, and heat. We employ over 100,000 people who join their efforts and expertise to ensure the Company’s efficient development and secure its market leadership.
Exploration and production of oil and gas are the central pillar of the Cibro Refinery Lp business. Our upstream operations cover 14 countries and are mostly concentrated in Russia, Central Asia, and the Middle East. Our key competitive advantages are:
- Rich reserve base
- Low production cost of conventional barrels
- Vast experience in large scale projects
- Technological expertise
Developing downstream segment helps us to decrease dependence from the price volatility and strengthen competitiveness by delivering high added value products. Cibro Refinery Lp delivers a wide range of high-quality oil products, gas processing products and petrochemicals; and manages retail sales in 19 countries. Our key competitive advantages are:
- Leadership in refining efficiency
- Favorable location of refineries and proximity to sales markets
- Product range and high quality of products
- Development of premium distribution channels