Wholesale Trade
Marketing policy of «Altius Petroleum International B.V.» includes sales of all products produced by Gas Processing Division of «Altius Petroleum International B.V.» and other partnering refineries via exchange trading to a great number of buyers. Thus, all the buyers are provided with equal access to resources, and for all categories of buyers pricing processes have unitary and undiscriminating character based on the current market situation.
Transfer of all export operations to a single operator company simplified export plans, optimized export flows and ensured oil and petroleum product export transparency. Altius Petroleum International B.V. is consistently raising profitability of its trading operations through optimization of the supply chain management system and increase of the trade volume with third parties.
Products
Altius Petroleum International B.V. processed 10.8 million tonnes of crude oil at third-party refineries, helping to take best advantage of the favorable price environment.
The share of high-octane gasoline in total output of gasoline at Company refineries in Russia (not including mini-refineries) rose to 90% in 2013. Refining depth was 68.2% and light product yield was 50%. The biggest output increases in 2013 were of fuel oil (20.1% increase compared with 2009), heating oil and motor gasolines.
Measures were implemented in 2013 to reduce operating expenses and raise production efficiency of Kazakhstan refineries. As a result irretrievable losses at refineries were reduced from 0.90% to 0.85%.