News

Air BP and PBF sign joint fuelling venture

Air BP has announced the signing of a 50/50 aviation fuel joint venture in Peru with PBF, the Peruvian energy company.

The agreement was signed by David Windle, Chief Operating Officer of Air BP, and Alberto Pinto Rocha, Chief Executive Officer, PBF, in Lima.

Operating under the name of Air BP PBF, this joint venture, which will initially supply aviation fuel at Lima’s Jorge Chavez International airport, plans to further expand its operations to other locations within the country in due course.

The joint venture strengthens the existing marketing and technical service agreements that have been in operation with PBF since October 2015 and formalises Air BP’s presence in Peru. Significantly, it also marks entry into a third national market in South America, building on Air BP’s strong presence in Brazil and Chile.

The new agreement also demonstrates Air BP’s commitment to support customer growth in developing markets with significant long term investments.


Related articles