Gazprom Neft Marine Bunker increases bunker fuel sales volume

Gazprom Neft Marine BunkerDuring the first 9 months of 2011 Gazprom Neft Marine Bunker sold 1.541 million tons of bunker fuel, 37% higher than the same period in 2010.

In addition, in the summer navigation of this year the company expanded the geography of its business: bunkering began in Nizhny Novgorod, at the port of Korsakov on Sakhalin Island, and in the Black Sea port of Taman. The company's share in the bunker market in the Far East and Black Sea regions is currently about 10%.

In accordance with the company's medium-term investment program, in September Gazprom Neft Marine Bunker purchased a new bunkering tanker to operate in the port of Novorossiysk. The ship's tonnage is 3 tons. The company plans to purchase another bunkering vessel before the end of 2011. Today the company owns 8 ships, and is leasing a further 15.