COMPANY STRATEGY

Company Strategy

HG Tank Terminal Limited is a key player in the Caspian oil and gas market as well as a prominent company in USA’s hydrocarbon exploration and production industry. Through successful hydrocarbon exploitation, we seek to maximize shareholder value while also providing long-term economic and social advantages to the areas in which we operate. The following guidelines serve as HG Tank Terminal Limited’s priority for achieving its objective.

  • Employees’ working conditions are safe, and natural resources are used wisely while upholding the highest standards for environmental and health protection.
  • Development of human capital is a crucial component of HG Tank Terminal Limited’s growth and competitiveness.
  • Exploration is the foundation for the company’s long-term success and a means of boosting its resource base.
  • Being profitable is a must for the company to continue to exist.

  • The main objective of HG Tank Terminal Limited is to increase shareholder value. By growing hydrocarbon reserves and production, improving the profitability of present assets, and creating new business opportunities, HG Tank Terminal Limited seeks to increase shareholder value. The Company intends to increase hydrocarbon reserves and output by:

  • Continually produce oil from existing fields.
  • Boost the rate of recovery at current fields.
  • Conduct exploration in highly promising exploration regions both domestically and overseas, as well as additional investigation of active fields.
  • Purchase new assets, both domestically and overseas, with a focus on a few priority areas.
  • Increase the Company’s asset base with assets related to natural gas and offshore projects.

  • The present and new assets’ profitability will be guaranteed by:

  • improved cost control.
  • commercial and technology operations are more efficient, notably through automation.
  • new technology implementation.
  • The asset structure and company management model have been optimized.

  • It will be possible to develop new business competencies by:

  • establishing long-term partnerships with top oil and gas producers, service providers, and exploration firms.
  • training and development of staff.
  • the growth of one’s own scientific and technological know-how, managerial experience in offshore projects, the gas industry, and global assets, including through collaborations with major international oil and gas corporations.