Gazprom Neft Reduces Wholesale Price of Jet Fuel
October 21, 2008
Gazprom Neft, a producer and marketer of oil and natural gas, has reduced the wholesale price of jet fuel in Russia, effective October 17, 2008.
The 12% per tonne price cut for all new contracts will lead to a corresponding jet fuel price decrease at Russian airports.
The average decline of jet fuel prices charged by the company’s refineries is 30% since August 2008.