SOCAR Energy Ukraine’s fuel sales returning to pre-crisis level

Oil&Gas 17 January 2022 11:46 (UTC +04:00)
SOCAR Energy Ukraine’s fuel sales returning to pre-crisis level

BAKU, Azerbaijan, Jan.17

By Leman Zeynalova – Trend:

Fuel sales by the Ukrainian subsidiary of Azerbaijan’s state oil company SOCAR are returning to the pre-crisis levels, SOCAR Energy Ukraine told Trend.

“If we talk about the sale of fuel, we are returning to the pre-crisis level. Our sales grew by 16 percent in 2021, as compared to 2020. Our priorities remain the same,” the company said.

As for the results of 2021, SOCAR Energy Ukraine noted that the company continued the planned expansion of the network by opening two filling stations in Ukraine.

"SOCAR is a customer-centric company, and we see this as the source of our growth," the company said.

SOCAR’s representative office opened in Ukraine in 2008. The company acquired about 20 Tala-Nafta filling stations in Odessa and Nikolaev regions. as well as Svitanok large oil depot in Odessa region in 2009.

The company took control of the fuelling networks ONIO (four filling stations in Kyiv and the region) and GFC (in Lviv region) in 2010-2011. SOCAR received permission from the Antimonopoly Committee of Ukraine to purchase 26 filling stations and one tank farm of the Kalina group in August 2012.

SOCAR was among the main suppliers of motor gasoline from Lithuania to Ukraine in 2021.


Follow the author on Twitter: @Lyaman_Zeyn