Russia’s Biggest Oil Player Posts a 34.4% Slump in Bunker Sales

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  • Gazpromneft, posts a 34.4% fall in bunker fuel sales for the first half of 2020 in comparison to a similar period last year.
  • The company reports a 5.8% year-on-year increase in its share of the Russian bunker fuel market, reaching 21% in 1H 2020.
  • In 1H 2020 it also expanded its lubricant distribution network to South Korea and the Mediterranean despite the COVID-19 outbreak.

Gazpromneft sees a 34.4% fall in 1H bunker fuel sales but sees market share increase, reports the Manifold Times.

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