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Rosneft acquires PFC fuel retail network
Rosneft is to become the leader in the fuel retail market in the St Petersburg and Leningrad region, one of the biggest in the Russian Federation, following its acquisition of 100% of Petersburg Fuel Company (PFC), St Petersburg’s leading independent fuel operator.
The PFC network includes 141 service stations, 125 fuel trucks and two modern bulk fuel depots – Ruchyi in St Petersburg and Chudovo in the Novgorod region.
Rosneft has the largest retail network in the Russian Federation, covering 66 Russian regions, with over 3,000 retail sites operating under the Rosneft brand. The company’s fuel depot service comprises 138 operating fuel depots with a total capacity of 2.1mn cm, as well as about 1,000 fuel trucks.
News Item details
Journal title: Petroleum Review
Countries: Russia -
Subjects: Forecourt retailing, Mergers and acquisitions
