Gazprom Neft boosts bunker sales by 32% to 1.94 mln t in HI’14
In the first half of 2014, Gazprom Neft boosted bunker sales by 32%, year-on-year, to 1.94 mln t. According to the Company materials, Quarter I sales totaled 1.08 mln t, Quarter II – 0.86 mln t.
Bunker sales have increased due to the bunker market growth in the Far East and in the Black Sea region as well as to expansion of the customer base in the Baltic ports.
Export sales declined by 5.1% to 370,000 t (RUB 9.84 bln).
Sales at domestic market surged by 48.6% to 1.59 mln t (RUB 28.1 bln).
In the bunker market of Russia the Company accounts for 18.9% (1st position). It has won the tenders on supply of fuel for Atomflot, Rosmorport and Gazflot.
Gazprom Neft is represented in the bunker market by its subsidiary, Gazpromneft Marine Bunker.
JSC Gazprom Neft is a vertically integrated oil company engaged primarily in oil & gas exploration and production (E&P), the sale and distribution of crude oil, and the production and sale of petroleum products.