RN-Aero, KazMunayGas-Aero Join Forces

By Joseph R. Fonseca
Monday, December 15, 2014

RN-Aero (Rosneft subsidiary) and KazMunayGas-Aero (KazMunayGas subsidiary) signed an agreement, substantially increasing cooperation between the Companies. The accord on the signing of the agreement was reached at the IATA International Aviation Forum in Dubai in the end of November.

Specifically, the document envisages the possibility of organization of high-quality RN-Aero fuels supplies towards KazMunayGas-Aero by means of conclusion of storage agreements at points of presence of the Kazakh Company. Moreover the agreement contemplates the realization by specialists of the companies of a suitability analysis of joint projects aimed at expanding the geographic reach in Middle East and Far East countries.

Within reached agreements training events are also planned: practical courses and exchange of experience in the area of Commerce and Logistics and new techniques and technologies in aviation fuelling implementation.

Categories: Contracts Energy Mergers & Acquisitions

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