The Company is working hard to develop its international trade in
petroleum products, increasing the scale and geographical diversification of
this business. LUKOIL has trade operations in 95 countries
North-West Europe, the Black Sea countries and the Mediterranean
region are the traditional key markets for the Company’s international trade.
LUKOIL is also expanding its presence in the oil-producing regions of western,
subequatorial and southern Africa, as well as developing projects in Central
America. One of the main tasks for the near future is marketing of oil produced
at the West Qurna-2 field. The company is building long-term relationships with
large refineries in South East Asia, the United States and other countries in
order to achieve the most efficient allocation of these resources.
Trading in depth:
ü Fact book – p. 84
The Group controls about 27% of the Russian bunkerage fuel market in
LUKOIL is now is one of the biggest suppliers of bunker fuel at sea
and river ports in Russia. The LUKOIL bunkering fleet operates mainly at ports
on the Baltic Sea, Barents Seaand Black Sea, and also on Russia’s inland
The Group accounts for about 27% of overall supplies of aviation fuel
to the Russian market.
LUKOIL makes sales of aviation fuel, produced at its own refineries
or purchased, mainly on an ‘into-wing’ basis at airports in Russia and abroad
through its own subsidiaries or under agreements with third-party refueling
Petroleum Product Wholesale in depth:
ü Data book – p.63-64
ü Fact book – p. 85-86
ü LUKOIL Annual Report p. 64-66
Petroleum Product Retail
LUKOIL sells its own fuels on the retail market via a well
diversified distribution network consisting of more than 5,867 filling stations
and 166 oil depots in 27 countries.
As of January 1, 2014, LUKOIL’s retail network in Russia includes
2,424 filling stations (including franchises) and 93 storage facilities with
total capacity of 0.9 million cubic meters. There are 8 petroleum product
suppliers that operate filling stations and storage facilities in 63 constituent
entities of Russian Federation.
Overall retail sales volumes of petroleum and gas products on the
Russian market increased by 3.4% y-o-y and reached 9.2 million tonnes in 2013.
Average daily petroleum product realization by 1 filling station in Russia
increased from 12.5 to 12.8 tonnes.
LUKOIL retail network in the CIS countries, Europe and the United
States consists of 3,443 filling stations (including franchised) and 73 tank
farm facilities with a reservoir
capacity of 1.6 million m³.
Retail sales of oil and gas products in the international market
amounted to 6.6 million tonnes in 2013. Average daily sales per station in
Europe was 6.5 tonnes in 2013 (flat
For more information please
ü LUKOIL Annual Report p. 66-67
ü Fact book – p. 88-89
book – p.63-64