... direct shipments from refineries to oil depots and gas stations, bypassing the exchange. This leads to lower competition in the AI-98 distribution chain compared to AI-92, contributing to the accelerated price growth. According to analysts at OPEN OIL MARKET, the risks of price increases could be mitigated by boosting production of petroleum products. However, this is challenging due to sanctions on equipment supplies for refineries. As a result, by the end of 2024, the difference in price growth rates between AI-98 and AI-92 is expected to exceed twofold. Consequently,...

... which makes it attractive to investors focused on long-term prospects. Where Does Surgutneftegas Invest? Surgutneftegas Sector: Oil and Gas Investments in 2023: 265 billion rubles Investments in 2022: 226.7 billion rubles Key Investment Directions: Oil Production and Extraction: Fields in Western Siberia: Surgutneftegas actively invests in the development and operational management of fields in the Khanty-Mansi Autonomous Okrug, including the Priobskoye and Fyodorovskoye fields. These projects aim to ...

... departments. We offered clients a newsletter with up-to-date prices and a mobile app through which orders could be placed. The number of clients increased, and so did the margin. But that wasn’t enough for us. To truly shake up the traditional oil market, we needed a new product. We analyzed the market and found that no one had a full-fledged marketplace. Our goal was clear — to develop a product that would completely meet the needs of buyers and sellers of petroleum products and eliminate the chain of small intermediaries....

... companies. Limiting physical export volumes (e.g., to no more than 3 million barrels per day) is impractical due to the real-time tracking required. As for Russian budget revenues, Sergey Tereshkin, CEO of the OPEN OIL MARKET platform, notes that falling oil prices won’t affect 2024 revenues due to the significant share of taxes derived from production rather than export. Taxes like the mineral extraction tax (MET) and additional income tax (AIT) play a key role. The budget has already received about 70% of expected AIT revenue, mitigating risks from price fluctuations. According to Dmitry ...

... modernization to reduce costs and improve product quality. Kolpinsky Plant: Manufactures metal structures and reinforcement for the construction sector, making the company an important partner for infrastructure projects. Izhora Pipe Plant: Specializes in the production of large-diameter pipes for the oil and gas industry, which is particularly relevant for pipeline construction. Mining Assets Karelia Pellet: One of the largest producers of iron ore pellets in Russia, used in steel manufacturing. The facility ensures stable raw material supplies for ...