Transport Fuels

Gazpromneft-Aero signs deal with Thailand’s PTT

Gazpromneft-Aero signs deal with Thailand's PTT
Photo courtesy of Gazpromneft-Aero.

Gazpromneft-Aero, the jet fuel business operator of Russia’s Gazprom Neft, and PTT Public Company Limited (PTT), Thailand’s state-owned oil and gas company, have signed new agreements on fueling of Russian airlines in the international airports of Bangkok and Phuket during the 2016-2017 Autumn-Spring navigation season.

Gazpromneft-Aero, which has been performing aircraft fuelling and “into the wing” aviation fuel sales since January 1, 2008, holds a leading position in Russia’s aviation fuel market by volume of retail sales.

The agreements will see a total of 11,000 tonnes of aviation fuel being supplied to Gazpromneft-Aero customers during this period, a 30% increase compared to the same period last year.

The fueling of Russian airlines in Thailand is being carried out within the framework of Gazpromneft-Aero and PTT’s previous agreement on the network supply of aviation fuel, signed in 2012. The agreement provides for the supply of fuel to Gazpromneft-Aero’s Russian customers in Thai airports. During the last four years, Gazpromneft-Aero’s customers have been refueled via PTT for a total of 60,000 tonnes.

“Autumn-Winter period is traditionally the most popular time for Russian tourists to visit Thailand, with many using special flight programs. The agreement with PTT ensures the best standards of service for all Gazpromneft-Aero customers and timely fuelling in the major airports in Thailand. We plan to continue developing our cooperation with PTT, which provides us with a good opportunity to expand our presence in the promising Southeast Asian market during the busiest seasons. Gazpromneft-Aero has also confirmed that it will be providing a network of fueling facilities in Russia for servicing PTT customers,” said General Director of Gazpromneft-Aero, Vladimir Egorov.

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