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Gazpromneft-Aero expands fueling stations network in Thailand by 30%

Gazpromneft-Aero, the jet fuel business operator of Gazprom Neft, and PTT Public Company Limited (PTT), the largest oil and gas company in Thailand, have signed new agreements on fueling of Russian airlines in the international airports of Bangkok and Phuket during the 2016-2017 Autumn-Spring navigation season. The agreements will see a total of 11 thousand tons of aviation fuel being supplied to Gazpromneft-Aero customers during this period, a 30% increase compared to the same period last year.

The fueling of Russian airlines in Thailand is being carried out within the framework of Gazpromneft-Aero and PTT’s previous agreement on the network supply of aviation fuel, signed in 2012. The agreement provides for the supply of fuel to Gazpromneft-Aero’s Russian customers in Thai airports. During the last four years, Gazpromneft-Aero’s customers have been refueled via PTT for a total of 60 thousand tons.

General Director of Gazpromneft-Aero, Vladimir Egorov, said: “Autumn-Winter period is traditionally the most popular time for Russian tourists to visit Thailand, with many using special flight programs. The agreement with PTT ensures the best standards of service for all Gazpromneft-Aero customers and timely fuelling in the major airports in Thailand. We plan to continue developing our cooperation with PTT, which provides us with a good opportunity to expand our presence in the promising South-East Asian market during the busiest seasons. Gazpromneft-Aero has also confirmed that it will be providing a network of fueling facilities in Russia for servicing PTT customers.”

Notes for editors

Gazpromneft — Aero is a Gazprom Neft subsidiary. The Company has been performing aircrafts fuelling and “into the wing” aviation fuel sales since January 1, 2008. Gazpromneft — Aero is a strategic partner of the International Air Transport Association (IATA) in the field of aviation fuel supply since December 2008. Gazpromneft-Aero holds leading positions in the aviation fuel market of Russia by volume of retail sales. In its operations the company uses technology that allows it to adhere to the highest level of safety in fuelling operations — Green.

PTT Public Company Limited (PTT) is a Thai state-owned SET-listed oil and gas company. It is also known as the Petroleum Authority of Thailand. PTT Group owns extensive submarine gas pipelines in the Gulf of Thailand, a network of LPG terminals throughout the Kingdom, and is involved in electricity generation, petrochemical production, oil and gas exploration and production, as well as gasoline retail businesses.