The strategic goal of JSC PA NEDEXT 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.

JSC PA NEDEXT is a leader in the process of high-quality modernization and innovational changes in the petroleum industry. The Company’s efforts are focused on the development of intellectual and technological potential of the industry on the strong basis of best international oil and gas universities and in partnership with leading companies of international petroleum business.

Innovations

• Ongoing improvement of the corporate innovative development system;
• Continuous development and implementation of new technologies;
• Monitoring and implementation of the best international practices;
• Technological trainings for personnel.

Efficiency

• Improvement of business model, corporate structure and corporate management system;
• Optimization and diversification of asset portfolio;
• Logistics optimization;
• Cost control;
• Optimization of capital structure.

Transparency

• Compliance with Russian and international requirements;
• Availability of information to all stakeholders;
• Regular updates;
• Quarterly reporting according to international standards;
• Open dialogue with minority shareholders and investors.

Sustainable growth

• Creation of added value for shareholders;
• Strategic planning based on reasonable assumptions;
• Efficient growth of the production volumes;
• Development of processing capacities in accordance with market requirements;
• The most efficient use of raw materials and high quality production;
• Development of risk management system.