TNK-BP Increased Exchange Sales of Fuels by 66% in 3Q
OREANDA-NEWS. October 19, 2010. TNK-BP sold 442,000 tons of petroleum products via exchange trading in July-September, which is 66% more than in 2Q 2010, reported the press-centre of TNK-BP.
Exchange sales of fuels made 17.3% of the domestic sales volume in July-September. TNK-BP sold a total of 911,000 tons of fuels using exchange mechanisms over 9M 2010.
TNK-BP currently sells products of all of its refineries including Lisichansk Refinery (LINIK, Ukraine) via Russian exchange floors. At the same time, the company sells light products only, mostly in European Russia.
TNK-BP plans to offer at least 20% of its fuels at exchange floors as of the end of 2010.
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