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Rosneft supplied 23% more jet fuel in 2013

February 04, 2014, 18:21 UTC+3 4
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MOSCOW, February 4. /ITAR-TASS/. Rosneft increased jet fuel supplies produced at the company’s nine oil processing plants by 23% to 67.8 billion rubles, or $2 billion, last year, says the company’s report.

“The company is successfully competing in retail oil and jet fuel markets. The customer base of the high-marginal “in-wing” fueling channel has been expanded with a number of new counter-parties. The 2013 results show an increase of fuel volumes delivered on contracts with air lines up to 67.8 billion rubles which is 23% more than in 2012,” goes the report.

Rosneft’s subsidiary RN-Aero is present in airport filling complexes in Vladivostok, Moscow, Irkutsk, Krasnoyarsk, Yekaterinburg and Ulan Bator. The company is also operating in Ukraine (Borispol and Zhulyany) and refuels aircraft of more than 40 air carriers in 15 Russian airports. In 2012 RN-Aero sold over 1.5 million tons of jet fuel.

Besides, last April Rosneft concluded an agreement with Basic Element investment company to buy a 100% stake in Basic Jet Fuel Operator (BATO), the owner and operator of airport filling complexes in the south of Russia, namely in Sochi, Krasnodar, Anapa, Gelendzhik, and Abakan.

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