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Gazpromneft Marine exceeds 15,000 mt bunker fuel sales in Q1 at Constanta, Romania

24 Apr 2020

Disclaimer: An online translation service was used in the production of the current editorial piece.

Russian oil producer Gazprom Neft on Thursday (23 April) said its subsidiary Gazpromneft Marine Bunker sold more than 15,000 metric tonnes of low-sulfur marine fuel during the first quarter of 2020, more than doubling the total sales in the region.

Sales of the marine fuel was carried out by Gazpromneft Marine Bunker Balkan SA in the Romanian port of Constanta and deliveries were carried out at the OMV-Petrom refinery in Romania, it said. 

In order to accomodate the increase in volume of marine fuel and to efficiently load the company’s fleet, logistics planning became a priority and crucial to success, noted the company.

“We managed to achieve maximum efficiency in the sale of environmentally friendly fuels through our operating company in Romania,” said Alexey Medvedev, CEO of Gazpromneft Marine Bunker.

“Our success is due to the cooperation of the manufacturer, logistics partners and our flexible pricing strategy that helped us gain a competitive advantage. Of course stability in terms of quality, fuel availability and competitive pricing are equally important to drive the numbers up.”

Photo credit: Gazprom Neft
Published: 24 April, 2020

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