Cars to be fueled with natural gas at Gazprom Neft’s filling stations
10 August 2013
Viktor Zubkov, Chairman of the Board of Directors of Gazprom, Chairman of the Management Committee — Director General of Gazprom Gazomotornoye Toplivo and Alexander Dyukov, Chairman of the Management Board of Gazprom Neft signed an agreement regarding the installation of natural gas vehicle fueling units at Gazprom Neft’s filling stations.
The two parties will take actions aimed at installing NGV fueling units at Gazprom Neft’s existing filling stations as well as new multi-fuel filling centers currently under construction.
Gazprom Gazomotornoye Toplivo will be the investor of the projects and Gazprom Neft will be the building contractor. The economic expediency of installing a NGV fueling unit at a specific station will be determined individually.
In addition, the parties will contribute to increasing the NGV fleet and expanding the relevant infrastructure in the regions where Gazprom Neft is present.
Gazprom is making sustained efforts to bring the Russian NGV market to a new level. The Russian Regions Gasification Program and all the agreements the company signs with Russian constituent entities contain a mandatory section stipulating the development of regional NGV markets. The 2013 Gasification Program provides for investing RUB 1 billion (US$30 million) into the construction of new NGV fueling stations and the conversion of cars to natural gas.
A special-purpose company—Gazprom Gazomotornoye Toplivo—was set up with a view to improve the efficiency of Gazprom’s strategy for the NGV market development. The company consolidates Gazprom’s relevant core assets.
Gazprom Neft is focused on production and sales of petroleum products. Gazprom Neft exports its products to more than 50 countries worldwide, selling them via a network of outlets in Russia and abroad. At present, there are nearly 1,300 filling stations operated by Gazprom Neft in Russia and the CIS.
As of today, Gazprom Neft owns in Russia 89 filling stations where cars can be fueled with natural gas. 85 of these stations sell liquefied petroleum gas and the other four—compressed natural gas.
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