Gazpromneft-Aero to raise fuel sales at airports 12.5 percent this year

Feb. 28, 2012
Gazpromneft-Aero, which operates a chain of fuel-filling complexes in a number of Russian airports, has also opened a filling complex in Moscow's Sheremetyevo International Airport

Gazpromneft-Aero, a subsidiary of Russian oil company Gazprom Neft, plans to increase sales of aviation fuel at airports 12.5% to 1.8 million tonnes in 2012, according to the company's documents seen by PRIME Tuesday.

Gazpromneft-Aero, which operates a chain of fuel-filling complexes in a number of Russian airports, has also opened a filling complex in Moscow's Sheremetyevo International Airport.

Investments in the project amounted to 2 billion rubles, Federal Air Transport Agency's Alexander Neradko said at an opening ceremony.

The complex, with a storage capacity of 18,700 cubic meters of fuel, is planned to become fully operational in July. Gazpromneft-Aero could increase the capacity to 26,000 cubic meters of fuel in the future, as well as increase its annual sales through the complex to 650,000 cubic meters from 480,000 cubic meters.

Gazpromneft-Aero sold 356,000 tonnes of aviation fuel in Sheremetyevo International Airport in 2011, which corresponds to 22% of total airport's consumption, while Sheremetyevo's refueling complex, operated by oil major TNK-BP sold 1.287 million tonnes of fuel, or the remaining 78%.

(29.1264 rubles - U.S. $1)

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