Gazprom Oils Move into Moldova


Russias Gazprom Neft Lubricants started to ship lubricants to Moldova, a poor, underdeveloped country in Eastern Europe, the company said last week.

Gazproms first cargo to Moldovan dealer Tirex Petrol included Gazpromneft- and G-Energy-branded products: motor oils, transmission oils and technical fluids.

It includes synthetic and semi-synthetic products for passenger cars and heavy duty vehicles, as well as lubes for two-stroke engines and antifreezes, Gazprom Neft Lubricants said in an Oct. 16 news release. The first shipment amounted to 1.5 tons of finished products, and we estimate the filling stations chain can market around 30 tons of our products annually.

Tirex Petrol is one of the largest suppliers of petrochemical products in the small, landlocked country located between Ukraine and Romania. It operates more than 100 filling stations and 15 oil tank farms.

Gazprom Neft Lubricants is Russian state oil company Gazprom Nefts lube arm.

In 2013 it held a 14 percent share of the countrys lubricants market, producing 490,000 tons of base oils and lubricants. Gazprom Neft Lubricants actively supplies some Eastern European countries such as Ukraine and Belarus. It has three blending plants in Russia, one in Italy and another one in Serbia. It also sells lubricants in some Central Asia and Middle Eastern countries. In Russia it operates two API Group I base oil plants – one in Yaroslavl and another in Omsk.

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