JSC 'Sakhaneftegazsbyt' Reports Major Growth in 2023
JSC 'Sakhaneftegazsbyt', a leading oil and gas company in Yakutia, has reported significant growth and expansion in 2023. The company purchased petroleum products directly from producers, opened a certified conversion center for gaseous fuel, and sold products through its network, all while initiating major projects and increasing its workforce.
In 2023, JSC 'Sakhaneftegazsbyt' purchased 254,000 tons of petroleum products directly from producers, marking a 105.4% increase from the previous year. The company also opened its first certified center in Yakutia for converting vehicles to gaseous fuel, demonstrating its commitment to innovation and sustainability.
The company's sales also grew, with 223,000 tons of petroleum products sold through its trading network in 2023. This growth was supported by the company's expanding workforce, which now comprises over 1,900 employees in working, engineering, and technical positions.
JSC 'Sakhaneftegazsbyt' began several significant projects in 2023. It started a reconstruction and modernization program for four oil storage facilities using the Far East concession mechanism. The company also initiated an educational project with the North-Eastern Federal University to train engineering personnel for the oil and gas industry. Additionally, the company's tank park repair system saw the repair of 408 tanks from 2020 to 2023.
The company's growth was further boosted by a government instruction to consider implementing a project to build a deep-water oil terminal in Nayba, with JSC 'Sakhaneftegazsbyt' as a key participant. The company plans to complete the reconstruction and modernization of all four oil storage facilities by the end of 2026.
JSC 'Sakhaneftegazsbyt' has shown remarkable progress in 2023, with significant increases in production, sales, and workforce. The company's expansion into new projects and initiatives, along with its commitment to modernization and training, positions it well for continued growth and success in the oil and gas industry.
