Gazprom Neft Aviation Fuels Sales in H1 up 16%
Aviation Fuel Gazprom Neft

Gazprom Neft Aviation Fuels Sales in H1 up 16%

Gazpromneft-Aero, operator of the Gazprom Neft aviation refuelling business, delivered a 16% increase in sales of aviation fuels in the

Gazpromneft-Aero, operator of the Gazprom Neft aviation refuelling business, delivered a 16% increase in sales of aviation fuels in the first half of 2021, reaching 1.6 million tonnes. Direct “wing-tip-refuelling” sales were up 14%, to 1 million tonnes. Most growth in aviation fuel sales was achieved through Russia’s largest international airports, including Moscow, St Petersburg, Ekaterinburg and Novosibirsk.

Gazpromneft-Aero’s retail network has now expanded to cover 321 airports throughout 71 countries worldwide as at end-H1 2021, with the company increasing refuelling volumes for Chinese carriers Sichuan Airlines, China Eastern, and Air China in particular, with sales up 63%. A contract has also been entered into with Chinese cargo airline SF Airlines on refuelling transcontinental flights at Novosibirsk’s Tolmachevo Airport. Servicing of passenger and cargo flights for Chinese carriers is handled as part of ongoing strategic cooperation with China’s national fuel supplier, China National Aviation Fuel Group Corp (CNAF).

Gazpromneft-Aero began rolling out its proprietary SmartFuel blockchain platform at Russian airports in 2021, allowing fuel suppliers and airlines to dispense with pre-payments and instead make instant reciprocal settlements immediately on refuelling aircraft. This digital service is already in operation at Murmansk, Novosibirsk and Saratov I nternational Airports, with the blockchain platform expected to be rolled out to a further 10 Russian airports by the end of the year.

Related Stories

No stories found.
SteelGuru Business News
www.steelguru.com