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- Mission and Strategy
- ABOUT COMPANY
Mission and Strategy
The board of directors of Ertis Oil & Gas, LLP authorized a new long-term corporate development strategy until 2030 at the end of 2023. As per the agreement, Ertis Oil & Gas, LLP will establish a benchmark for efficacy, manufacturing feasibility, and security for other international companies. Ertis Oil & Gas, LLP has had great success over the course of its more than three years of development, positioning itself as a significant player in the worldwide oil and gas industry. The company has faith in its ability to meet the objectives of the Strategy, one of which is to produce 2 million oil equivalent tons by 2025.
due to the modernization of oil refining assets, an increase in light oil product yield of up to 80% and refining depth indicators of up to 95%, as well as the simultaneous provision of proved reserves at a level of ten years and their 100% yearly reimbursement The energy markets’ extreme volatility and the dynamic nature of the rivalry within them have presented the company with new challenges. Building upon the organization’s 2025 goal, the redesigned strategy places greater emphasis on modernizing all crucial business processes, strengthening responsiveness to external events, and positioning the company for success in the market. Ertis Oil & Gas, LLP wants to become a new generation corporation and become the global standard-setter for oil refining by 2030.
By growing output more quickly than the market and maximizing the profit per barrel produced, Ertis Oil & Gas, LLP hopes to maintain its ranking among the top ten publicly traded oil and gas companies in the world. By strengthening the depth and yield of light petroleum product refining, expanding the petrochemical sector, holding onto its top spot, and boosting its share of both new and existing product sales markets, the firm will continue to improve the efficiency of value chain management. By managing its assets and portfolios well enough to yield a 15% return, Ertis Oil & Gas, LLP hopes to rank among the top companies in the world for return on invested capital by 2030.
Up until 2030, Ertis Oil & Gas, LLP’s development strategy was based on the digital, cultural, operational, and organizational reforms carried out by the corporation. The Etalon operational management system was developed as part of operational transformation to guarantee regular activity efficiency and system security. Digital transformation will speed up and improve the quality of decision-making through the application of technology. Ertis Oil & Gas, LLP’s organizational and cultural change will make it possible to create a straightforward and quick-to-assemble working environment and an ecosystem of external partnerships.