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2011 January 18   10:52

Rosneft eyes entering Asia-Pacific bunkering market

Russian state-owned oil company Rosneft plans to create a bunkering company in Singapore to enter the Asia-Pacific region, PortNews reports citing a source in the company. The date of formation of Rosneft Marine Singapore Ltd. is still to be determined.

OAO Rosneft allocated bunkering business as a separate division in 2008. By 2010, RN-Bunker Ltd. entered the bunker markets of ten major seaports of Russia. To date, the company has its branches in Nakhodka, Vladivostok, Yuzhno-Sakhalinsk, Arkhangelsk, Murmansk, St. Petersburg, Tuapse, Samara, Rostov and Astrakhan. Read more about RN-Bunker’s plans to enter new markets, including the opening of offices in London and Singapore, in PortNews’ semiannual analytical report "Port Service. Bunker market " .

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