JV Poltava Petroleum Company (PPC) seeks to attract a partner to enter the retail liquefied petroleum gas (LPG) market, Director General Viktor Hladun has said in an interview with Interfax-Ukraine.
“According to experts (ExPro), in 2017, our company occupied 2.5% of the Ukrainian LPG market. Taking into account a new commercial strategy of the company, one of the closest goals is the attraction of strategic partners to enter the retail market – sales to end consumers,” he said.
Hladun also said that PPC plans to increase loading of its LPG plant thanks to purchase of raw materials on the market.
“Our team is working on the additional loading of the LPG plant and the increase in the depth of refining. The plant was built in 2010 and launched in 2011, taking into account the volumes of production the company then had. Now it is loaded only by 30%. The obvious decision is to buy raw materials on the market and additionally load the plant,” he said.
As reported, PPC belongs to Britain’s JKX Oil & Gas Plc.
