Gazpromneft-Aero starts fuel deliveries for Emirates

Gazpromneft-Aero and Emirates have signed a long-term fuel supply agreement for all regular flights of the air carrier at Moscow Domodedovo airport on August 01, 2012. Currently, Gazpromneft-Aero supplies jet fuel for two daily flights on the route Moscow-Dubai, which are executed on Boeing 777-300ER. In December 2012 it is planned to start refueling of Emirates first scheduled flights to Russia performed on the world's largest passenger aircraft - Airbus A380, designed to carry 517 passengers.

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The quality of aviation fuel supplied by Gazpromneft-Aero meets Russian and international standards. Direct deliveries from Gazprom Neft refineries provide the most comfortable conditions of pricing to air carriers and guarantee the necessary volumes of aviation fuel. Gazpromneft-Aero Director General Vladimir Egorov, said: "Cooperation with Emirates opens a new stage of Gazpromneft-Aero development, and evidence of our company’s position strengthening in the world market of aviation fuel. We offer our partners optimal long-term agreements for fuel supply and we invite major international carriers to cooperation."

Notes for editors

Gazpromneft-Aero is a subsidiary of Gazprom Neft. The Company leads the Russian aviation fuel market. The company has its own chain of refueling facilities and is the biggest retail chain in Russia by total into-wing aviation kerosene delivered. In 2011, Gazpromneft-Aero increased its retail sales of aviation kerosene by 53% year-on-year.

The company has operated as an aircraft fuel provider and supplier of into-wing refueling services since 2008. Gazpromneft Aero has been a strategic aviation fuel supply partner of the IATA since December 2008.

Today, the company operates in 80 airports around the world and plans further expansion by providing Russian and foreign air carriers with reliable fuel deliveries at affordable prices.

Gazpromneft-Aero recently became one of the first Russian aviation fuel companies in Russia to take out third party liability and environmental damage insurance. The policy was taken out to cover all of the company’s global assets, with a maximum insurance payout of $500 million per insured event.