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Rosneft sells over 140,000 tonnes of jet fuel in German airports in H1 2019

Rosneft sells over 140,000 tonnes of jet fuel in German airports in H1 2019

Berlin, September 4 - Neftegaz.RU. Rosneft Deutschland, a subsidiary of Rosneft Oil company, has supplied its customers in airports of Germany with 142,500 tonnes of jet fuel in the 1st half of 2019.

The enterprise is committed to meeting the growing demand for jet fuel, with plans for further growth in production and sales of jet fuel both in Germany and on the European market in general.

In 2019, Rosneft Deutschland has signed several contracts for the marketing of the JET A-1 jet fuel of its own production. Among them is a contract with Aeroflot for aircraft refuelling in the Berlin Schönefeld Airport. Apart from that, Rosneft Deutschland has signed contracts for into-plane refuelling with airports in Munich and Berlin as part of its jet-fuel market share expansion in Germany.

Yearly, the enterprise’s PCK Raffinerie in Brandenburg produces 300,000 tonnes of jet fuel, which represents about half of the total kerosene consumed at Berlin airports.

The start of sales in Germany is a part of Rosneft’s long-term jet-fuel business development strategy. As a leading supplier of jet fuel on the Russian market, the enterprise is expanding its international network to include airports in Mongolia, Georgia, and Germany.

Rosneft is the 3rd-largest player on the refining market of Germany. Rosneft is a shareholder in 3 refineries in Germany, with 54.17% share in the PCK refinery, 24% share in the MiRO refinery, and 25% share in the Bayernoil refinery, with total refining capacity in ownership ratios of 12.5 million tonnes per year, which is more than 12% of all refining capacity in Germany.

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