We are continually looking for opportunities to reinforce our competitive advantage, expand our market share and develop a socially responsible business. Our four strategy pillars are following.
Our four strategy pillars
FOCUSING ON EFFICIENT GROWTH
Our objective is to strengthen our presence in resilient, margin-attractive international oil and gas markets.
IMPROVING OPERATIONAL EFFICIENCY AND PRODUCTIVITY
We constantly drive for increased operational efficiency and productivity in order to remain competitive in any macroeconomic environment.
MAINTAINING A STABLE BALANCE SHEET
The company's goal is to maintain profitability by optimising costs and loan portfolio, diversifying cash flow, and focusing on premium markets.
COMMITTED TO SUSTAINABLE DEVELOPMENT
Our aim is to contribute to global energy security through the safe production and delivery of coal, heat and electricity for the benefit of all stakeholders.
A strategy for the future
Commercialise world-class gas processing infrastructure
Advance ongoing discussions with third parties interested in supplying raw gas to completely fill the Group’s spare capacity
Safety at the core of our operations
Ensure the safety of employees, contractors and the environment and implement contractor management framework.
Reduce costs and preserve capital
Reduce cost base in line with new strategy to focus on processing third party volumes and reductions to be realised in all cost categories against 2019 levels.
Reservoir management and well productivity
Utilise workover rigs and other technologies to manage existing production decline in a cost-effective way. And to continue studies to identify viable technologies to mitigate sub-surface risks for future drilling planning.