Gazpromneft Marine Bunker Information

Gazprom Neft Marine Bunker LLC, a subsidiary of Gazprom Neft, is in charge of bunker fuel supplies to marine and river vessels. The company was established in October 2007. In July 2008 the Gazprom Neft Management Board approved a development strategy for the bunker company. According to the long-term strategy, Gazprom Neft Marine Bunker is expected to sell 1.6 million tonnes of crude oil per year in 2010, which translates into a 20 per cent share of the Russian bunker market. The Company has set the goal of gaining a 30 per cent share of the domestic bunker market by the year 2020 and developing its own infrastructure of bunker terminals and tanker vessels. Gazprom Neft Marine Bunker guarantees high quality supplies of petroleum products such as fuel oil, oils, and marine fuel to ship owners and charterers all year round. Based on the 2009 performance, the Company was among the top bunker companies in Russia. Marine fuel is mostly supplied by the Omsk refinery owned by Gazprom Neft; supplies also come from the Moscow refinery and the Yaroslavl refinery. Today Gazprom Neft Marine Bunker is operating in 22 Russian ports, including all major ports: St. Petersburg, Novorossiysk, Murmansk, and ports in the Far East. The Company has two subsidiaries: Gazprom Neft-Shipping LLC which manages the Company's fleet and Gazprom Neft Terminal SPb LLC which runs its own and leased terminals.