Russia's state-run oil company Rosneft plans to increase the number of its filling stations to 1,000 from 700 by 2010

Thursday, December 5, 2019

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Russia's state-run oil company Rosneft plans to increase the number of its filling stations to 1,000 from 700 by 2010, a company vice president said Wednesday. "As of now, 1 million tons of our petroleum derivatives are sold at 700 filling stations we own," Dmitry Bogdanov told a briefing. "Under our development program the number should increase to 1,000 and the sale volume to 3.5 million tons by 2010." Bogdanov said $700 million would be invested in the project by 2010, adding that transformations in the sales system and increased efficiency would be needed. Bogdanov said the company's filling station network would be expanded in Rosneft's traditional regions - in Russia's Far East and the south, where it has its own oil refineries - as well as in Moscow and St. Petersburg. The vice president also said the company planned to increase its presence in St. Petersburg from four stations now to 22 stations by the first quarter of 2007.

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