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RN–Aero Demonstrates Strong Results in Six Months of 2014

25 August 2014

RN-Aero (Rosneft subsidiary) is boosting the geographic reach of its operation and increases fuel realization capacities.

RN-Aero holds a leading position in the Russian Federation by volume sales of aviation fuel according to the 1st half of 2014 results. The volume of aviation fuel sales on domestic market by the end the 1st half of 2014 reached almost 1.5 mln tons (about 687 thousand tons in the same period of 2013). Thus thanks to the concerted efforts of the RN-Aero team the growth of sales indicators in the half of the year compared to the same period of the previous year made up 118%. Moreover, in 2014 the Company started into-plane refueling in the town of Okha in Sakhalin and in Chita.

Also, according to the results of the 1st half of 2014 the volume of aviation fuel supplies in largest airports of Moscow marked a vivid growth compared to same period of 2013. In Vnukovo it increased almost twice – from 81 thousand tons to 161 thousand tons, and thrice in Domodedovo – from 7 thousand tons to 21 thousand tons. Also the amount of aviation fuel sales increased in other regions – Irkutsk, Mineralnye Vody, Rostov-On-Don, Kazan, Arkhangelsk, Stavropol and others.

RN-Aero, representing Rosneft’s interests in aviation fuel business, is planning to increase the signing of long-term contracts with air carriers characterized by formula pricing based on transparent global price indicators. The carriers will benefit for transparent pricing system installation on Russian aviation fuel market.

Information Division,
August 25, 2014