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Fuel companies

Home > SELLING AND USE OF FUEL > Fuel companies

Fuel companies

Posted on December 4, 2017 by oilselling-admin
0

We use different types of fuel as a source of thermal, electrical and mechanical energy. Fuel companies are suppliers of fuel to wholesale and private consumers.
Moscow and Russian fuel companies provide the entire cycle of operations from exploration to sale of fuel. This cycle includes several stages:

  • Field exploration and development.
  • Extraction of natural resources (oil and gas).
  • Processing of resources to obtain various petroleum products.
  • Selling and shipment of oil and oil products.

Russian fuel industry is based on vertically integrated oil and gas companies (VINC). The industry leaders are fuel suppliers Rosneft, Lukoil, Gazprom, Surgutneftegaz, TNK-BP Holding and others.
Vertically integrated companies (VINC) are joint-stock companies with a high state capital share. They sell petroleum products (gasoline, diesel fuel, kerosene, etc.) through subsidiaries- wholesale fuel companies.

Fuel cards

To attract customers, improve the quality of service and automate payment, major fuel and energy company issue cards for automate payments. These are plastic cards with Chip containing the information on balance, types of fuel, limits available, etc.
Fuel cards have the following advantages:
• Shorter payment term in filling stations.
• Reduction of fuel costs.
• Discounts and privileges for club members.
• Automatic participation in promotions.
• Fraud protection, transparent reporting.
Cards are issued both for individuals and corporate use. The services offered differ depending on the card category, but as a result, such cards are beneficial for everyone.
Issue and management of fuel cards are provided by the fuel processing company (TPC). It insures reliability, accessibility, simplicity and high speed of petroleum products sale with use of the cards. For example, you can refuel a car in only 30 seconds using a corporate fuel card.
The operational support of TPC allows the owners of gas stations to solve problems promptly and introduce new marketing tools. Fuel companies, that offer customers to pay with fuel cards, are more competitive in the oil products market.

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