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Volume 14,Issue 3 Autumn 2012

Russia to supply jet fuel to China

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The China National Aviation Fuel Corp. said it will get long-term jet fuel supply from Rosneft, Russia’s second-largest oil producer. CNAF and Rosneft will cooperate on jet fuel business in China, Russia and other countries. Rosneft, which will use its refineries in east Russia to save on transportation costs, has increased its oil production to 7 million tons a year. CNAF, which sold 11.4 million tons of fuel to Chinese and foreign airlines in 2006 , currently sources its fuel from China Aviation Oil (Singapore) Corp., China National Petroleum Corp. (PetroChina) and China Petroleum and Chemical Corp. (Sinopec).

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