In 2018, the Company strengthened its leadership on the retail jet fuel market in Russia. Its market share increased 0.7 pp to 26.3%.
Premium sales amounted to 3.1 mt, up 10.2% year-on-year. The growth resulted from both increased domestic sales and expanded international operations, including sales at Manas refuelling terminal in Kyrgyzstan and higher reselling volumes.
In 2018, the Group’s international footprint expanded to include a total of 260 airports in 66 countries. Gazpromneft-Aero started refuelling operations in Malaysia and Gambia and significantly increased its activities at Chinese and Tunisian airports.
In 2018, Gazprom Neft was the first to apply a distributed ledger (blockchain) technology on the Russian jet fuel market. In collaboration with S7 Airlines and Alfa Bank and Gazpromneft-Aero, an operator of the Company’s jet-fuel business, developed a smart fuel supply contract and performed aircraft refuelling with online payment.
The company presented its insight into the smart contract implementation at the global IATA4 Aviation Fuel Forum in Singapore. Several major international companies from Europe and Asia expressed their interest in it.