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Gazprom Neft’s fuel subsidiary penetrates South Korean market

May 06, 2014, 17:49 UTC+3 MOSCOW
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MOSCOW, May 06. /ITAR-TASS/. Gazprom Neft’s aviation fuel operator Gazprom Neft-Aero has started refueling planes on regular flights of Aeroflot’s subsidiary Aurora in Gimhae International Airport of the South Korean city of Busan, says the company’s report.

The flights from Vladivostok take place twice a week on Airbus A319 and Boeing 737-500. This is the first time the company has entered the South Korean market, thus having expanded its geographical presence to 132 airports in 50 countries. Busan is the second largest city of South Korea with a developed tourist infrastructure and the country’s major sea port.

“The start of refueling planes of one of our strategic partners, Aeroflot, in South Korea is another stepping stone in the implementation of the agreement for 2014 obliging Gazprom Neft-Aero to increase Aeroflot’s refueling abroad ten times,” the report quotes Gazprom Neft-Aero’s Chief Executive Vladimir Egorov. The company was planning to continue developing ties with Russian and foreign aviation leaders, which should boost its fuel sales abroad to 5.3 million tonnes by 2025, he added.

Gazprom Neft-Aero is Russian market leader in aviation fuel supplies with a network of refueling complexes operating since January 2008. Since December 2008 it is a strategic partner of the International Air Transport Association (IATA) in aviation fuel supplies.

Aurora air carrier set up last November as a result of a merger is based in the Russian Far Eastern cities of Yuzhno-Sakhalinsk and Vladivostok. The carrier connects Russian Far Eastern and Siberian cities and carries out local flights within Far Eastern regions and international flights to China, Korea and Japan.

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