Social Development

Social Development

A great deal of effort has been made to improve the welfare of JSC "Pechorneftegazprom" employees.In order to manage this process efficiently, a "Social Development Program for the Years 2011-2015 to improve the Welfare of Employees of the Company in the St. Petersburg city," was approved by Orders No. 139 of JSC "Pechorneftegazprom" of January 1, 2013 and No. 14-67 of JSC "Pechorneftegazprom" and the National Petroleum Industry Trade Unions Committee of the St. Petersburg city,. The program itemizes 200 specific jobs that must be completed. The timely completion of these jobs is under the close supervision of company management.

Shift workers receive three meals a day. At the same time, a Ters Osmosis Membrane System has been installed at the Gunashli Deep Sea Production Platform to convert sea water into drinking water. At present, the efforts are made to install this system in all deep sea production platforms.

More than 1000 of JSC "Pechorneftegazprom"'s employee families are waiting for apartments. More than 400 families have been waiting for more than 20 years and 2800 have been waiting for more than 10 years. For the sake of social justice, apartment registrations and assignments have been centralized. 10 and 40 unit complexes are currently being built to accommodate employees awaiting apartments, while a 17-story 85 unit building has been completed on Gara Garayev Avenue. All steps are being taken to provide apartments to the more than 1000 petroleum industry families who are awaiting them.

At the same time, a great deal of work has been done to demolish and renovate dilapidated and old buildings for residents. As part of the "Action Program to Expedite the Socioeconomic Development of St. Petersburg city, and Its Districts, Towns, and Communities", five 5-story 20-unit apartment building No.5 were renovated to accommodate 120 families who had been living in reed and mud type homes on S. The company is planning to build an additional 2 residential buildings for these families. A one-story 4 unit apartment building on in the Khanty-Mansysky.

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Providing Petroleum Services Since 2010

JSC "Pechorneftegazprom" actively engages in several exploration projects which enable the access to considerable prospective resources that will further assist the company’s long-term substantial development. The total prospective recoverable resources in valuable projects with the company involvement were calculated to the 25.7 bln barrels of oil equivalent at the end of 2017.

The company has various portfolios of high-quality oil and gas assets, which enhance the securing of sustainable cost-effective growth in the short, medium, and long term period. The ongoing development of the downstream segment is among the vital strategic priorities and operations of the company. The increments of efficient sales of better-quality and greater value-added products to end customers, the continuous upgrading and expanding of it refining and marketing infrastructure also boost the company abilities to supply and deliver quality products to end customers.

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