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.