Kirenskneftepererabotka LLC is one among the largest independent companies in the oil and gas sector of Russia. We focused on exploration and production of crude oil, petrochemical products and natural gas in the Kirenskneftepererabotka LLC and petrochemical oil field in Irkutsk region, in Russia, The company is a fast-growing integrated international energy company with businesses covering oil and gas upstream and downstream operations, oilfield services, engineering and construction, petroleum exploration, production, refining, and marketing, material and equipment manufacturing and supply, new energy operations.
Our goal is to build an integrated international energy relationship with aim to increase resources, expanding market and seeking a greater international role. To achieve this, we regard technological innovation as the key to enhancing its core competence and maintaining sustainable development.
The most important component of our Company activity is upgrading and development of new crude oil production methods. Development of progressive science-intensive technologies as well as increasing the scope and diversity of high technical industrial services rendered strengthen the innovational potential of the Company and provide for one of the essential competitive advantages of Kirenskneftepererabotka Limited Liability Company.
Our business is first of all targeted at the domestic market. With its basis in downstream business the Company has been increasing its assets and extending its activity to related branches: exploration and production, transportation and transshipment of crude oil and petroleum products. A strong advantage of the Company is that it possesses its own retail and wholesale networks. In addition, geography of the networks is favorable in terms of refineries location and networks are close to the markets and capable to offer a whole set of services to various customers segments. This factor, as well as the growing effective demand for petroleum products, adds to Kirenskneftepererabotka LLC sustainability in the market, ensures the efficiency of its operations.
Since incorporation of the company, Kirenskneftepererabotka has implemented a comprehensive corporate governance system designed to safeguard the interests of all shareholders, promote effective and timely decision-making, and provide transparent management information, creates value for our shareholders and provides quality products and services for our customers. In doing so, we act responsibly toward those who work for us, the communities in which we operate and our business partners.
Our standards of corporate governance are among the most stringent in the Russian marketplace, and we are continuously working to drive them to match international best practice.
One of the major Company’s priorities is environment protection and providing for production and industrial safety. We recognize our commitment to maintain balance between protecting our environment, public health and our communities while producing the energy we all need. Energy is fundamental to human existence. It is nearly as important as clean air, water and affordable food. We take our responsibility very seriously to deliver resources to our energy hungry world, and we hold true to our core values of integrity and trust, servant leadership and open communication in all of our business activities.