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Gazprom becomes exclusive NGV fuel supplier for Volkswagen Motorsport

April 08, 2013, 15:24 UTC+3
The deal was inked by Gazprom’s subsidiary Gazprom Germania GmbH on the sidelines of the Hannover Industrial Fair
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MOSCOW, April 8 (Itar-Tass) Gazprom Group will become an exclusive supplier of natural gas vehicle (NGV) fuel for Volkswagen Motorsport as of May 2013, the Russian gas monopoly said in a statement on Monday.

The deal was inked by Gazprom’s subsidiary Gazprom Germania GmbH on the sidelines of the Hannover Industrial Fair, where a working meeting between Gazprom Board Chairman Viktor Zubkov and Volkswagen Board Ulrich Hackenberg took place.

“We warmly welcome Gazprom as a new partner of Scirocco R-Cup. Environmentally friendly and energy efficient sport vehicles have always been Volkswagen’s main goal. Within the framework of this partnership two important players on the global market have chosen their joint path. Volkswagen owns successful traditions in the segment of natural gas vehicles. I am looking forward to future cooperation.”

“Gazprom considers this type of business as one of priorities for the company’s development, including that on foreign markets,” Zubkov said. “In this respect the agreement with Volkswagen is a logic follow-up to our efforts targeted at expanding the use of natural gas fuel in Europe. I am confident that our cooperation will be a success.”

Almost 25 percent of all new cars in Western Europe are manufactured by Volkswagen. The carmaker owns one of the world’s broadest range of brands using natural gas as engine fuel.

At present, Gazprom is represented on Europe’s NGV fuel market through its subsidiaries Gazprom Germania GmbH and Vemex.

In 2012 Gazprom Germania GmbH increased the number of NGV refueling stations on the territory of Germany from two to six. By 2015 the company plans to build new NGV refueling stations and increase their number to 15.

Vemex owns six NGV refueling stations in the Czech Republic, four of them were acquired in 2012. Moreover, it supplied gas to two NGV refueling stations owned by other companies. Vemex also hopes to enlarge the number of its NGV refueling stations to 15 by 2015.

 

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