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CrEdItS 2 European Office com-a-tec GmbH Am Krebsgraben 15 78048 Villingen-Schwenningen Germany Tel + 49 (0) 7721 9830-0 Fax + 49 (0) 7721 9830-70 www.erpecnews.com UK Office McLean Events Europe Ltd South Lodge Buildings Westwood Lane Normandy Guildford, GU3 2JE Tel + 44 (0) 1483 810670 Publisher McLean Events Europe Ltd Nick Needs nick@erpecnews.com Tel + 44 (0) 7786 607075 News PetrolPlaza.com Bodo Schwarz petrolplaza_editor@com-a-tec.de Tel + 49 (0) 7721 9830-41 art director Ramona Raithel ramona.r@com-a-tec.de Tel + 49 (0) 7721 9830-0 Marketing Manager Sandra Stroppel sandra.s@com-a-tec.de Tel + 49 (0) 7721 9830-0 Sales director Stephen Bozdan stephen@erpecnews.com Tel + 44 (0) 1483 810670 Advertising will be accepted in each issue on a limited basis. All requests for advertising should be sent to advertising@erpecnews.com Editorial News items and product news can be sent to editor@erpecnews.com Printed by Todt Druck + Medien GmbH + Co.KG www.todt-druck.de erpecnews is published monthly by McLean Events Europe Ltd in conjunction with PetrolPlaza.com and distributed to retail petroleum operations in Europe and the Middle East. McLean Events Europe is the organiser of erpec, the leading business event, held every two years, for Europe's retail petroleum market. Copyright The views expressed in print are those of the author and do not necessarily represent those of the publisher, McLean Events Europe Ltd. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by means electronic, mechanical, photocopying, recorded or otherwise without the prior permission of the copyright holder. McLean Events tOtaL secures deal with the UaE TOTAL has secured a deal that will see the firm supply an extra 100 000 tonnes of fuel in the United Arab Emirates (UAE) between June and September 2011. The company was issued the tender by UAE's fuel retailer Emirates General Petroleum Corporation, as concerns continue to grow over shortages across the country. As part of the arrange- Orlen Lietuva to supply filling stations in Ukraine Orlen Lietuva and SOCAR Energy Ukraine, a subsidiary of Azerbaijan's SOCAR, have agreed on the supply of Lithuanian Euro 5 LatESt NEwS, EVENtS, JObS ONLINE – www.PEtrOLPLaza.COM ment, TOTAL will receive a US $ 9 (£ 5.48) premium against the average monthly price of Brent crude. There have been a number of cases of fuel running out across the UAE in recent weeks, as demand continues to outstrip supply. The industry is heavily funded by the government in order to ensure living costs across the nation remain affordable. fuel to the SOCAR retail chain in Ukraine. The Fuel Supply Manager for Ukraine at Orlen Lietuva, Julius Nemunis, said that SOCAR is planning to use Lithuanian fuel to produce its own NANO petrol. “Yes, SOCAR really plans to produce its own petrol on the basis of our product. The talks with the company were a success and the decision to do this was taken.” The agreements between the two companies were confirmed in the Ukrainian office of SOCAR. topaz bid £ 300 million for UK fuel business Ion Equity, the Dublin investment firm that owns the Topaz fuel business, made a £ 300 million bid to buy almost 800 filling stations in Britain. Neil O'Leary, Chief Executive of Ion, confirmed that the firm bid for the British assets of TOTAL, the French fuels group, which have been on the market for a number of months. However, Ion did not make it to the final stages of the sale process after being outbid by competitors and private equity players. TOTAL is now in exclusive talks to sell the stations to a consortium that includes Heron, the property and investment group run by billionaire Gerald Ronson. O'Leary said that Ion Equity was actively pursuing other acquisitions. bulgaria threatens thousands of businesses The National Revenue Agency (NRA) has said that thousands of businesses in Bulgaria risk closure at the beginning of October 2011 if they fail to comply with legislation in force since January this year, Bulgarian media reports said. All cash registers in petrol stations and other establishments were supposed to be wired directly to the NRA, according to a new Finance Ministry measure in force since 8th January. The measure aims to tackle the grey economy and tax evasion. According to the report, to date about 15 000 firms, or 7.5 percent of the total in Bulgaria, have been electronically linked to the NRA. The remaining 185 000 or thereabouts, however, have not and have only about three months to do so. SOCar to expand activities in romania The State Oil Company of the Azerbaijani Republic (SOCAR) plans to continue purchasing petrol stations in Romania, SOCAR head Rovnag Abdullayev said. SOCAR has already purchased 14 petrol stations in Romania and will purchase more. The company plans to launch 7 petrol stations in Romania under its own brand and has started rebranding the other 7 stations. The stations are located in the north-east of Romania, near the Moldovan border. SOCAR plans to open a total of 300 petrol stations under its own brand. It operates petrol stations in Azerbaijan, Georgia and Ukraine.
Italian beauty and absurdity When luxury becomes a commodity, there's little left but to make commodities luxurious. The image shows a newly constructed petrol Crime cost the UK £ 22 million in 2010 Crime on Britain's forecourts cost fuel retailers over £ 22 million in 2010, a £ 3 million rise on the 2009 figures according to the annual forecourt crime survey conducted by BOSS. The British Oil Security Syndicate (BOSS) 2010 survey says, the main source of the estimated total loss is £ 15.5 million is resulting from ‘drive off’ incidents. A further £ 4.5 million is Hellenic Petroleum also part of Greek asset sales Greece's biggest refiner Hellenic Petroleum was included in the country's privatisation plan, according to an EU / IMF report. Greece will sell its 35.5 percent stake in Hellenic in the first quarter of 2012, according to a provisional list of privatisation assets attached to the report. Hellenic Petroleum has a market capitalisation of 2.06 billion euros (US $ 3 billion). It is listed on the station in Cuneo, Piemonte, Italy, designed by Damilano Studio Architects and it's rather pleasant to look at if modern architecture is your thing. Reinforced concrete enclosing a glass wall creates staggered, latitudinal forms that are sliced by aluminum canopies front and back, with blood red fuel pumps. At the back is a red steel block bearing a work of art that looks like a long armed, dog-headed man on a toilet. It is actually “a wolf howling, illuminated at night, drawing attention to that urgent need”! lost from motorists claiming to have ‘no means of payment’ (NMoP) on the day and then they fail to return to clear their debt. The combined drive off and NMoP loss for the average UK service station in 2010 compared with the previous year has risen by 2.5 percent in terms of litres, but in reality by 19 percent in cash terms due to the effect of increased fuel prices. Athens Stock Exchange. The company runs refineries in Greece and Macedonia and petrol stations across southeast Europe and in Cyprus. Hellenic's biggest single shareholder is POIH Investment Ltd, with a 41 percent stake. The company had hitherto not been included in Greece's privatisation plans, which are to raise 50 billion euros by 2015 to pay down debt. bP rolls out contactless payment terminals BP petrol stations, together with its German unit Aral, will begin accepting MasterCard PayPass contactless payments across its UK, Swiss and German forecourts over the next two years. Under the new development, consumers with PayPass-enabled payment cards will be able to pay for BP / Aral purchases up to the value of £ 15 (US $ 24.63) in the UK, 25 euros in Germany and 40 Swiss francs in Switzerland as the roll-out of contactless terminals across the three countries commences. Consumers can also continue to use the same cards for higher value transactions if Orlen deutschland to buy 200 – 250 petrol stations German unit of listed fuel giant PKN Orlen, Orlen Deutschland, intends to buy petrol stations in Germany, CEO Jozef Niedworok said during a Polish-German economic forum. “We want to buy 200 – 250 more stations in Germany”, Niedworok confirmed. The firm's mid-term goal is to have 750 stations in five years at the latest “but we want to start network authenticated with a PIN or signature. As of the first quarter of 2011, more than 92 million PayPass cards and devices have been issued for use at approximately 311 000 merchant locations worldwide. expansion right now”, Niedworok added. The cost of a single station acquisition is estimated at 100 000 – 200 000 euros or up to 1 million euros in very good locations. Its scope of operations in the country may expand beyond that region and while buying new stations, Orlen Deutschland will have to close tens of unprofitable ones, the CEO also said. LatESt NEwS, EVENtS, JObS ONLINE – www.PEtrOLPLaza.COM NEwS – EUrOPE dresser wayne modifies brand name GE announced that Dresser Wayne will now operate as Wayne. The new brand name will go to market with the tagline, “A GE Energy Business”. GE acquired Dresser, Inc., including its Dresser Wayne business segment, in February 2011. The determination to maintain the individual Wayne brand came after researching the existing equity of the Wayne name and the value it holds for fuel retailers worldwide. Ukrgazvydobuvannia to buy stations & oil depots in Ukraine According to the Ukrainian Economic Development and Trade Ministry, Ukrgazvydobuvannia is buying 69 filling stations from eight firms for 1.281 billion hryvnias and three oil depots from Chernihiv-based Atikva for 37.58 million hryvnias. The largest number of filling stations will be bought from Atikva – 42 filling stations for 718.63 million hryvnias. Ukrgazvydobuvannia is to buy from one to nine filling stations from each other company. Apart from Atikva, the sellers are Vek Ltd. (Odesa region), Kalyna- Zakarpattia Ltd. (Zakarpattia region), Bina Ltd. (Kharkiv), Borol subsidiary, Regen Oil Ltd. (Cherkasy), Merkator Filling Stations Ltd. (Poltava region) and Agrokhimservice Ltd. (Sumy). According to the announcements, Ukrgazvydobuvannia is planning to buy the filling stations using its own funds. Foreign fill-ups keep Luxembourg's motor running Three quarters of all fuel sold in Luxembourg is taken abroad to neighbouring France, Belgium and Germany. Lower fuel taxes in the duchy mean “tank tourism” is big business. Wasserbillig – meaning “cheap water” – is a picturesque village in Luxembourg. Despite its name, it's cheap gas, not water, that the village is known for. Most of the cars driving through here are heading to one of the 11 gas stations on the main street, and almost all the cars have German license plates. Luxembourg is said to rely on this flow of business and the money it brings. If that were taken away, the country would have to be subsidized in some way by Europe. 3
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