ForteInvest (ForteInvest JSC) was founded in February 2011. The Company is part of the Industrial and Financial Group SAFMAR founded by Mikhail Gutseriev and is one of the largest independent oil companies in Russia.
ForteInvest is dynamically developing in the conditions of the modern sales market. It is a permanent participant in exchange trading on the Saint Petersburg International Mercantile Exchange, and strives to achieve strategic success in its activities.
ForteInvest annually invests large amounts in production development. The Company is the main shareholder and partner of the Orsknefteorgsintez refinery. Together with the refinery, ForteInvest participates in the reconstruction of the existing production capacities and the creation of new facilities.
The most significant facilities include: an on-site petroleum product loading plant,
a light naphtha isomerization unit, a sludge visbreaking unit, a hydrogen unit,
a sulfur plant with a granulation unit, and an HCU complex.
The upgrade program planned for 2012 to 2013 allowed the enterprise
to become one of the most authoritative and dynamically developing enterprises
in our country. Based on the upgrade results, the refining depth at the Orsk Refinery
increased from 59% to 88%, and the yield of light petroleum products is more than 80% vs. 49% in 2012.
In May 2019, Afipka became part of the SAFMAR Group of Mikhail Gutseriev and came under the management of ForteInvest. The enterprise established the supply of raw materials and completely restored production activities. In the fall, the enterprise began an active phase of upgrade, i.e. the construction of the main upgrade facility, an HCU complex, was launched at Afipka.
The plan is to complete this stage of work as soon as possible, namely, by Q3 2022. By this period, the main facilities included in the HCU complex will be completed. It includes the hydrocracking unit itself and Utilities, Infrastructure and Offsites (UI&O), the hydrogen unit and the sulfur plant. In addition to the construction of the HCU complex, the upgrade includes for the construction of a delayed coking unit (DCU) in the near future. The commencement of construction and installation works at this facility is scheduled for mid-2020, and the completion of works for 2023.
Following the commissioning of the new HCU complex and DCU, the production capabilities for advanced petroleum refining and for the production of marketable products will significantly change. For instance, the refining depth will increase from 76.7% to 98.1%, and the yield of light petroleum products will be 87.7% vs. 54.2% for the current period. Following the upgrade results, it is planned that the enterprise will exclude fuel oil and vacuum gas oil from the product line, using them as semi-finished products for further processing and production of high-quality light petroleum products that are in high demand on the market.
The following three producing enterprises are among the assets of ForteInvest: Preobrazhenskneft, Geoprogress and Oilgaztet. The enterprises operate in 5 license areas and 7 fields in the Orenburg Region. The total volume of the current reserves of the Orenburg unit of ForteInvest as of 2019 is 49,035 thousand tons (categories A+B1+B2 and C1+C2).
ForteInvest collaborates with ForteInvest AG in order to work with clients from the Western part. ForteInvest Asia is a subsidiary company, which operates in the Kyrgyz Republic.
The company develops a policy of social activity aimed at participating in charitable projects together with the SAFMAR Charitable Foundation.
Directions of supplies of petroleum products
Orsknefteorgsintez PJSC is the only oil refinery in the Orenburg region, its design capacity is 6 million tonns of oil per year. The Orsk oil refinery produces and ships more than 30 types of various products that are in demand on the domestic and foreign markets.
Subsidiaries of ForteInvest JSC (Preobrazhenskneft JSC, Oilgaztet JSC, Geoprogress LLC) engaged in exploration of raw hydrocarbons and their production in the Orenburg region
Passenger and freight trains move through the Tinguta station in the Volgograd region. Light oil products are transshipped from rail tank cars to the Transneft oil pipeline for subsequent transit to the port of Novorossiysk.
Tikhoretskaya is a railway station of the Krasnodar region of the North Caucasian railway. Freight trains move through the Tikhoretskaya station, there are receiving and departure tracks in the station's cargo parks for train stops. Here oil is transshipped from the main pipeline of Transneft to rail tank cars for its further shipment to the refinery.
Kavkaz is the second port in terms of cargo turnover in the Black Sea-Azov basin after Novorossiysk. Initially, Kavkaz was built to service the Kerch ferry crossing. In the 1990s - 2000s, the cargo turnover of the Kavkaz settlement increased significantly - terminals were built for transshipment of oil and chemical industries products for export abroad.
Taman is a seaport on the Taman Peninsula. Activities - transshipment of goods for export. The port has terminals for transshipment of the following cargo: oil and oil products, liquefied petroleum gases, ammonia, grain, coal, fertilizers, iron ore, sulfur, steel products, container cargo.
Novorossiysk is the
largest port in Russia and the Black Sea, including
passenger, cargo ports and an oil harbor. Highway
junction and the terminal point of the railway line
Afipka LLC is one of the largest oil refineries in the south of Russia, the units’ capacity is 6 million tonns of feedstock per year. Main products: natural stable gas, diesel fuel, light naphtha, heavy oil residues, sulfur.
Krasnodar Oil Refinery - Krasnodarekoneft JSC processes up to 3 million tonns of oil per year. The plant produces high- quality products that meet the requirements of Russian standards. The existing units allow the plant to produce a wide range of products, including: gasoline, diesel fuel, fuel oil, road bitumen, summer diesel fuel, heating oil. The plant also produces unique products - jet fuel.
ForteInvest AG is a related company that works with European partners of ForteInvest JSC