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Gazprom Neft acquires three aviation refuelling complexes at major airports throughout Chukotka

Gazpromneft-Aero, operator of the Gazprom Neft aviation refuelling business, has completed its acquisition of a 100-percent holding in Chukotaerosbit LLC, an enterprise involved in aviation refuelling at three complexes throughout the Chukotka Autonomous Region’s most significant airports, located in the cities of Anadyr, Pevek and Keperveyem. This acquisition marks Gazprom Neft’s first asset in Chukotka.

Air transport in the Chukotka Autonomous Region is an essential part of the regional transportation system, with Chukotka’s airports offering regular connections to Moscow, Khabarovsk, Yakutia and Magadan, as well as to regional centres and remote villages, and facilitating the transportation of passengers and freight both within the region and beyond.

Gazprom Neft plans to invest more than RUB114 million rubles in the modernisation of aviation refuelling infrastructure in the Chukotka Autonomous Okrug by 2018. The company’s standard and inclusive technology policy is to be implemented throughout the new refuelling facilities, consistent not just with Russian but also international standards on quality control, industrial and environmental safety, and aircraft refuelling processes. Deliveries of aviation fuel to airports in Chukotka will be undertaken from Gazprom Neft’s Omsk Refinery, transported via the Irtysh and Ob rivers and, subsequently, via the Northern Sea Route, to Anadyr and Pevek.

Vladimir Egorov, CEO, Gazpromneft-Aero, commented: “Gazpromneft-Aero’s development strategy is predicated upon expanding the business in those regions with growing volumes of domestic air transport. Economic activity in the Chukotka Autonomous Okruk is showing positive growth — the result of attracting in-bound investment in the mining and extractive industries, together with the development of the Northern Sea Route — which means we can rely on increasing passenger traffic throughout local airports. By making major investments in developing our assets — including, in particular, in refuelling facilities at Anadyr, Pevek and Keperveyem — we are developing modern refuelling infrastructure throughout Russia’s airports.”

Roman Kopin, Governor of the Chukotka Autonomous Okrug, added: “The reconstruction and technical upgrading of locally important airports to improve safety and accessibility to population centres throughout the Chukotka Autonomous Okrug is being undertaken through the government’s ‘Socio-economic Development of the Russian Far East and Baikal Region’ programme. Gazpromneft-Aero is the market leader in Russia’s aviation fuels sector. With the company’s arrival in the region we plan to modernise Chukotka’s most important refuelling complexes, allowing us to attract new aviation companies to the region and increase passenger traffic.”

Notes for editors

Gazpromneft Aero is a subsidiary of Gazprom Neft. The company has been providing aircraft refuelling services and selling aviation fuel at airports since January 1, 2008. Since December 2008, Gazpromneft Aero has been a strategic partner of the International Air Transport Association (IATA) in the field of aviation fuel supply.

Gazpromneft-Aero is the leading aviation fuel supplier on the Russian market in terms of its retail sales. The company’s operational activities are fully compliant with the highest safety standards in fuelling operations — “Green”.