- Petersburg Fuel Company
The Petersburg Fuel Company (PTK, in Russian: Петербургская топливная компания, ПТК) is a joint stock company of
Saint Petersburg, Russia, specializing mostly in gasolinerefining, storage, transportation and retailing, founded in September 1994 after a fuel supply crisis had hit the city hard. Until 2001, when it became an open joint stock holding, the company had been a closed joint stock company.
As of July
2002, it was the leading gasoline retail operator in Saint Petersburg and run 94 out of 270 gasoline filling stationsthere and several stations in the neighboring regions. [http://se2.isn.ch/serviceengine/FileContent?serviceID=RESSpecNet&fileid=084077CB-475C-023E-5664-602FE1D1CEF9&lng=en] As of Summer 2003 it had 69 stations and 28 percent of sales followed by Phaeton Gasoline Companywith 36 stations and a 14-percent market share. [http://www.ptk.ru/s/12/?tk=true&frompage=corp] According to its website, it currently (February 2008) has 84 stations in St Petersburg and 111 elsewhere in Russia, including 10 in Moscow (of which at least 4 were formerly supplied by Yukos). [http://www.sptimes.ru/index.php?action_id=100&story_id=10631] The company also has acquired the Rzhevka Airportafter its bankruptcy. [http://www.sptimes.ru/index.php?action_id=2&story_id=16758]
September 13 1994– German Makarov
November 21 1995– Alexander Kozlov
January 29 1997– Vladimir Smirnov
July 1 1998– Vyacheslav Shalin
June 1 1999– Vadim Glazkov
1999– Vyacheslav Shalin
Chairpersons of the Board of Directors
September 13 1994– Dmitry Filippov
September 30 1996– Vladimir Kalashov
June 30 1997– Andrei Stepanov
December 28 1999– Vladimir Smirnov
June 30 2001– Vadim Glazkov
November 30 2004– Yury Antonov
(as of Juanuary 2007)
Petersburg City Bank- 75.9%
PromtradeLtd. - 21.9%
* City Property Committee of the
Saint Petersburg City Administration- 1.6%
* VITA-X JSC - 0.6%
The first board of directors and managing committee of the company were elected on
September 13 1994. The company was organized by the City Property Management Committee of Saint Petersburg City Administration, Property Management Committee of Leningrad OblastAdministration, Baltic Sea Steamship Company, Northwestern Steamship Company, Oktyabrskaya RailwayDirectorate, Saint Petersburg Seaport, Pulkovo Aviation Enterprise, Bank Rossiya, Rus Insurance Company, EurosibSaint Petersburg and 11 other organizations with equal 4.76% shares of its charter capitaland officially registered on September 21, 1994.
January 20 1995, the Company and the Saint Petersburg City Administrationsigned an agreement under which the company undertook to supply city industry. [http://www.ptk.ru/s/2/240/full.html] Later on the city's behalf Vice Mayor Vladimir Putinsigned a decree granting the company a virtual monopoly over retail gasoline sales in the city, including supply to the huge fleet of city ambulances, cop cars, buses and taxis. [http://www.cdi.org/russia/johnson/5411.html] The company began to develop its filling stations network.
March 22 1996, Ziya Bazhayevwas appointed Vice-President of the company.On June 4 1996the company agreed to cooperate with YUKOSuntil 2000.In September 1996the company for the first time bought 20 thousand tons of crude oilto process it on the Kirishinefteorgsintezrefinery.
In 1998 - 1999 Vladimir Barsukov (Kumarin), reportedly the leader of the powerful
Tambov Gang, was a member of the board of directors of the company and its vice president. [http://www.sptimes.ru/index.php?action_id=2&story_id=11164] , [http://www.sptimes.ru/index.php?action_id=2&story_id=7347] , [http://www.jamestown.org/publications_details.php?volume_id=24&issue_id=2084&article_id=18648]
October 13 1998President of the Company Dmitry Filippov died from wounds three days after the explosion of a radio-controlled mine. [http://www.jamestown.org/publications_details.php?volume_id=24&issue_id=2084&article_id=18648] , [http://www.themoscowtimes.com/stories/1998/10/15/011.html] In 1996 he took part in the elections for the position of St. Petersburg governor, and as of 1998 was an authorized delegate of Gennady Seleznyov, Speaker of the State Duma. [http://www.kommersant.com/p398799/r_1/New_Repartition_/] On February 16 1999 Yury Shutov, a deputy in St. Petersburg Legislative Assembly and a prominent businessman, was arrested on charges of having organized this and other contract murders. [http://www.jamestown.org/print_friendly.php?volume_id=22&issue_id=1484&article_id=15078] Andrei Stepanov, in turn, unsuccessfully took part as a contender in the 1999 St. Petersburg Legislative Assemblyelection. [http://se2.isn.ch/serviceengine/FileContent?serviceID=RESSpecNet&fileid=FE8F056E-960B-1166-C6A1-99A17A7C0828&lng=en] The company's president Yuri Antonov served as vice-governor of Saint Petersburg from 1997 till 2002.
In 2001 the company was restructured in an open joint stock holding, and the City Property Committee of the
Saint Petersburg City Administrationunder Valery Nazarovlost 13.2 out of its 14.5% share as a result. [http://www.dpgazeta.ru/article/38066]
In August 2001 Interior Minister
Boris Gryzlovclaimed that the company as well as up to 100 other industrial enterprises in Saint Petersburg are controlled by the Tambov Gang. [http://www.sptimes.ru/index.php?action_id=2&story_id=12173] , [http://www.jamestown.org/print_friendly.php?volume_id=24&issue_id=2082&article_id=18637]
2002Gryzlov sent a commission to St. Petersburg to investigate corruption allegations in the city's gasoline market. The investigation was started after the Faeton Gasoline Company, second largest gasoline retailer in the city, had complained to both Gryzlov and the Prosecutor General's Office in April that the Saint Petersburg City Administrationgave preferences to the Petersburg Fuel Company. [http://www.sptimes.ru/index.php?action_id=2&story_id=7254] However, this had no evident consequences.
2006, the company's president Yuri Antonov announced that the company would like to sell its stations to the oil company Surgutneftegaz, its supplier of gasoline, and that Gazpromand Surgutneftegaz might build a storage and distribution terminal near St. Petersburg on a 7 km² site owned by the Petersburg Fuel Company. [http://www.sptimes.ru/index.php?action_id=2&story_id=18476] , [http://www.sptimes.ru/index.php?action_id=2&story_id=18434]
References and notes
* [http://www.ptk.ru Official site] (in Russian)
* [http://www.stockmap.ru/company/7071/0/ PTK] (in Russian)
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