Business news from Ukraine

WOG INCREASES LIQUEFIED GAS SALES BY 50% IN H1, 2015

21 October , 2015  

KYIV. Oct 21 (Interfax-Ukraine) – The WOG network of fuel filling stations in January-June 2015 increased retail sales of liquefied gas by 50.3% (by 7,400 tonnes), to 22,100 tonnes, Company CEO Serhiy Koretsky has said at the LPG Ukraine 2015 forum organized by A-95 Consulting Group (Kyiv).

He said the company now holds 6.8% of the market, whereas a year earlier its share was 5.2%.

“Our strategy is to increase the market share to 22.5%, while the sales volume to 360,000 tonnes by 2020,” the WOG head said.

According to Koretsky, total retail sales of liquefied natural gas in Ukraine for the six months of 2015 rose by 5.2% (11,200 tonnes), to 225,800 tonnes. Liquefied natural gas was mainly sold in the networks of Privat Group (Ukrnafta, ANP, Avias, etc.) with 58,200 tonnes (a 29% rise), BRSM ranked second with 32,900 tonnes (a 9% fall), while WOG ranked third.