Excess Oil & Gas
is working with the Russian Government and
a number of the state owned oil companies.
We have teamed up with the Russian Government
Investment fund. Excess is supplying the
Government and companies with its expertise
and equipment in return Excess is paid in
oil, which is how Excess Oil & Gas conducts
most of its business.
Excess Oil & Gas
has also entered into a number of joint
ventures with governments and governments
owned companies to explore and recover oil
deposits. Agreements have been reached on
a number of key locations with large proven
oil deposits.
Over the next few years
Excess Oil & Gas a Group will own substantial
volumes of oil. Excess Oil & Gas has
recently purchased its own refinery with
a capacity of 110,000 bbl/d. The refinery
is capable of refining the fuels required
by modern standards it uses up to date crackers
and catalyst, the refinery is totally equipped
to meet new EU Standards.