Gazprom Neft Reduces Wholesale Price of Jet Fuel
Posted on: Tuesday, 21 October 2008, 12:00 CDT
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.
Source: Datamonitor
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