Aegean Marine Petroleum Network has announced that it will commence immediate marketing operations in Russia.
Aegean's operations will include a marketing and business development office located in St. Petersburg, dedicated to sales and marketing of marine petroleum products across all Russian ports. With the assistance of five seasoned industry professionals, previously employed by OW Bunker, the company expects to gain important local market intelligence, while providing enhanced service to clients at all Russian ports.
E. Nikolas Tavlarios, the Company's President, commented, "We remain committed to meeting the increasing demand of our growing global customer base. This expansion is consistent with our opportunistic efforts to diversify our operations and enhance our global footprint. We believe that our expansion into Russia, combined with our recent entry into the U.S. Gulf Coast, U.S. West Coast, and German markets, demonstrates our continued actions to strengthen the Aegean network around the world. We are confident that Aegean is well positioned for continued growth, success and value creation in 2015."