SERVICES

Argos Refinery in terms of capacities and volumes of oil refining. In recent years, the Company’s refining activities have been focused on meeting the market demand for quality petroleum products. Over a number of years, Argos Refinery has been consistently implementing the modernization program for Russian refineries, which has improved the quality of its products and increased its competitiveness.

This is the most ambitious program for the modernization of oil refining capacities in the Russian oil industry, which includes the fulfillment of the Company’s obligations under the quadripartite agreement. Within this program, the plant switched to 100% production of motor fuels of the Euro 5 class for the Russian domestic market, as required by the Technical Regulations.

ARGOS SERVICES BENEFITS

For 16 years, Argos Refinery has been one of the world’s leading companies for crude oil and gas production, and their refinement into petroleum products and petrochemicals. Every day millions of people all over the world buy our products, and use those products to improve the quality of their lives.
Our main competitive advantages are:

  • Low cost of production of traditional barrels.
  • Rich experience in implementing large projects.
  • Large-scale resource base and Technological expertise

Key Component to the success of our company

Exporting Crude oil/Petroleum Product

Argos Refinery actively exports crude oil, petroleum products and other petroleum products to the Middle East, Asia, Europe and North America. In 2018, we exported oil for a total of 21.34 million tons, which is 17.4% more than in the previous year. Geographic diversification of supplies is our strategic priority in oil exports. In 2019, we managed to expand our export stock by supplying energy resources to the countries of North Africa.

Oil Recovery Techniques

The use of enhanced oil recovery methods is a determining factor in oil production. Incremental oil production by methods of increasing production of tertiary oil in 2016 to 3.47 million tons. Collectively, production from enhanced oil recovery techniques accounted for 46.4% of total production in 2016. The North will be a key region for the growth of oil and gas production by the Company in the medium term, therefore Argos Refinery pays special attention to the development of the resource potential in the region.

Increasing Customer's Loyalty

We attach great importance to improving the quality of customer service, expanding the range of products and increasing customer loyalty; in order to achieve this, it continues to increase sales of high quality gasoline and diesel fuel that meet modern European environmental and quality standards. Thus, in February 2014, Argo Refinery’s own filling station network completely switched to selling Euro-5 gasoline and diesel fuel.

Argos Refinery services continuous development of the refining and marketing of oil and gas products with the strategic objectives of its main goal area is to increase sales and production of petrochemical in high-quality products and high added value directly to the final consumer. To achieve this goal, the company is actively upgrading and expanding its refining capacity of sales and production of petrochemical network. The ambitious program for the modernization of oil refining capacities in the Russian oil industry, which includes the fulfillment of the Company’s obligations under the quadripartite agreement. Within this program, the plant switched to 97% production of petrochemical for domestic and international use marketing.

According to the Development Strategy of Argos Refinery, our mission and vision is to ensure maximum benefits for the Saratov Region from participation in the development of the national oil-and-gas sector, which includes ensuring sustainable development. Adhering to the sustainable development principles, Argos is striving to boost the value of the our company, increase the return on investment, and to deliver high-quality products