Gazpromneft-Aero Launches Aircrafts Fueling in China

Gazpromneft-Aero has started fueling aircrafts of Russian carriers in Beijing-Capital International Airport (Beijing, China). On June 4, the first wing fueling of a Transaero aircraft was performed with the latter being a strategic partner of Gazprom Neft. The new international Gazpromneft-Aero’s project is implemented within the framework of the company’s partnership relations with World Fuel Services and China National Aviation Fuel.

“Aggressive development of the company’s international activities reflects Gazpromneft-Aero’s ambitious plans and proves its jet fuel market stability. The stability is secured by quality services and their compliance with the international standards in the sphere of jet fueling”, Gazpromneft-Aero General Director Vladimir Egorov pointed out.

Gazpromneft-Aero started its expansion through overseas jet fuel markets in 2009. Currently, the company fuels Russian aircrafts in Tunis (Monastir), Thailand (Bangkok), Egypt (Sharm el-Sheikh and Hurghada), and Turkey (Antalya and Dalaman). Development of promising directions like China, Central Asia, Middle East and Western Europe is projected for the near future.

Reference

Gazpromneft-Aero is a subsidiary of JSC Gazprom Neft operating in the sphere of aircraft and wing fueling from January 1, 2008.

Currently, Gazpromneft-Aero is the major jet fuel supplier within the territory of the Russian Federation. The company operates an own network of jet fueling complexes. In 2009, Gazpromneft-Aero became first among peers in terms of volume of aviation kerosene retail sales.

Gazpromneft-Aero’s development strategy till 2020 envisions setup and expansion of an own network of modern fueling facilities. By 2012, Gazpromneft-Aero expects to occupy 18.5 per cent of the Russian jet fuel market, while the Company’s retail sales should hit 1.5 million tons of aviation kerosene per year. By 2020, the Company plans to establish a network of over 20 jet fueling facilities in both Russian and overseas airports.

In December 2008, Gazpromneft-Aero entered into a strategic partnership in the sphere of jet fueling with International Air Transport Association (IATA).