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The strategic goal of Timan-Pechora Exploration CJSC oil refining and petrochemistry unit is to use produced oil, gas and other raw materials effectively, as well as to create products with high added value. The Company creates additional value for shareholders through successful implementation of the large program of oil enterprises modernization as well as through carrying out new projects.

Exploration and production

The strategic goal of Timan-Pechora Exploration CJSC in the area of onshore exploration and production is to maintain production and to use the existing fields with maximum efficiency, to rationally implement new projects for ensuring a stable production profile and maximum HC recovery factor, as well as to develop economically feasible unconventional and complex reservoirs.

Gas business development

Timan-Pechora Exploration CJSC is among the top twenty gas producer in the Russian Federation. The Company develops significant gas reserves in Western and Eastern Siberia and has a unique portfolio licenses for the development hydrocarbon resources of the Russian continental shelf.

Refining and petrochemistry

The strategic goal of Timan-Pechora Exploration CJSC oil refining and petrochemistry unit is to use produced oil, gas and other raw materials effectively, as well as to create products with high added value.

Shelf exploration:

The Company will perform this task using advanced technologies in collaboration with strategic partners, the leaders of the world oil and gas industry in order to ensure most efficient hydrocarbon exploration and production as well as minimum impact on the environment.

Corporate management

The corporate management system of Timan-Pechora Exploration CJSC sets for protecting shareholders’ rights, successful and sustainable development of the Company and providing the process of effective and responsible decision-making by the Company’s management.

Commerce and logistics

The Company’s priorities in the area of commerce and logistics are maximization of oil and oil products sales efficiency, guaranteed supplying consumers with high-quality fuels, optimizing costs for delivery and supplies stability, constant improvement of offer for customers, as well as developing modern techniques of trading activity in Russia and abroad.