Gazpromneft and Sibur sign lube supply agreement

Gazpromneft-Lubricants and JSC SIBUR Holding have signed a long-term agreement which covers lubricant formulation, testing and supply. JSC Sibur Holding is controlled by Gazpromneft, also the parent of Gazpromneft-Lubricants. Both are leading players in their respective sectors in Russia. Sibur operates across the entire petrochemical process chain, from gas processing to the production of monomers and plastics, mineral fertilizers, tires and industrial rubber items, as well as the processing of plastics. Gazpromneft is one of the largest and fastest growing oil and gas producers in Russia. (November 24, 2010)