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The Petersburg Fuel Company (PTK, in Russian: Петербургская топливная компания, ПТК) is an open joint-stock company of
Saint Petersburg Saint Petersburg ( rus, links=no, Санкт-Петербург, a=Ru-Sankt Peterburg Leningrad Petrograd Piter.ogg, r=Sankt-Peterburg, p=ˈsankt pʲɪtʲɪrˈburk), formerly known as Petrograd (1914–1924) and later Leningrad (1924–1991), i ...
,
Russia Russia (, , ), or the Russian Federation, is a transcontinental country spanning Eastern Europe and Northern Asia. It is the largest country in the world, with its internationally recognised territory covering , and encompassing one-eig ...
, founded in September 1994, after a fuel supply crisis had hit the city hard. The company specializing mostly in
gasoline Gasoline (; ) or petrol (; ) (see ) is a transparent, petroleum-derived flammable liquid that is used primarily as a fuel in most spark-ignited internal combustion engines (also known as petrol engines). It consists mostly of organi ...
refining, storage, transportation and retailing. Since 2001, PTK has been an open joint stock company. In 2001 the company was restructured as an open joint-stock company, and became a subsidiary of St. Petersburg City Bank. As of July 2002, it was the leading gasoline retail operator in Saint Petersburg and runs 94 of the city’s 270 gasoline
filling stations A filling station, also known as a gas station () or petrol station (), is a facility that sells fuel and engine lubricants for motor vehicles. The most common fuels sold in the 2010s were gasoline (or petrol) and diesel fuel. Gasolin ...
and several stations in the neighboring regions. As of mid-2003, it had 69 stations and 28% of sales followed by Phaeton Gasoline Company with 36 stations and a 14% market share. 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 OJSC "Yukos Oil Company" (russian: ОАО Нефтяна́я Компа́ния Ю́КОС, links=no, ) was an oil and gas company based in Moscow, Russia. Yukos was acquired from the Russian government by Russian oligarch Mikhail Khodorkov ...
). The company also has acquired the Rzhevka Airport after its bankruptcy.


History

Petersburg Fuel Company (PTK) was founded in September 1994 as a
closed joint stock company A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders a ...
by the City Property Management Committee of
Saint Petersburg City Administration Saint Petersburg City Administration (Администрация Санкт-Петербурга) is the superior executive body of Saint Petersburg (formerly Leningrad), Russian Federation. It is located in a historic building, Smolny and known ...
, Property Management Committee of
Leningrad Oblast Leningrad Oblast ( rus, Ленинградская область, Leningradskaya oblast’, lʲɪnʲɪnˈgratskəjə ˈobləsʲtʲ, , ) is a federal subject of Russia (an oblast). It was established on 1 August 1927, although it was not until 194 ...
Administration,
Baltic Sea Steamship Company The Baltic Sea Shipping Company or B.S.S.C (russian: ОАО Балтийское морское пароходство, БМП) is a Russian sea transport engaged in the business of oil products storage via rail wagons within Russian link-able term ...
, Northwestern Steamship Company,
Oktyabrskaya Railway Oktyabrskaya Railway or October Railway (russian: Октябрьская железная дорога) is the subsidiary of RZD, servicing railway lines in the north-west of Russia. It stretches from Moscow's Leningrad Terminal in the south to ...
Directorate, Saint Petersburg Seaport. In 1994, as deputy mayor of Saint Petersburg,
Vladimir Putin Vladimir Vladimirovich Putin; (born 7 October 1952) is a Russian politician and former intelligence officer who holds the office of president of Russia. Putin has served continuously as president or prime minister since 1999: as prime min ...
awarded PTK the right to be the sole supplier of gasoline to the city, including supply to the huge fleet of city ambulances, police cars, buses and taxis. The deal allegedly triggered a violent gang war during which, on 1 June 1994, an attempt was made on the life of Vladimir Kumarin, the vice-president of PTK and alleged leader of
Tambovskaya Bratva The Tambov Gang (in russian: Тамбовская преступная группировка, ''Tambóvskaya prestúpnaya gruppiróvka'') is a large gang in Saint Petersburg, Russia. According to common allegations, it was organised in Leningrad ...
. The first board of directors and managing committee of the company were elected on 13 September 1994. PTK began to develop its
filling station A filling station, also known as a gas station () or petrol station (), is a facility that sells fuel and engine lubricants for motor vehicles. The most common fuels sold in the 2010s were gasoline (or petrol) and diesel fuel. Ga ...
s network. On 22 March 1996, Ziya Bazhayev became Vice-President of the company. On 4 June 1996 the company agreed to cooperate with
Yukos OJSC "Yukos Oil Company" (russian: ОАО Нефтяна́я Компа́ния Ю́КОС, links=no, ) was an oil and gas company based in Moscow, Russia. Yukos was acquired from the Russian government by Russian oligarch Mikhail Khodorkov ...
until 2000. In September 1996 the company, for the first time, bought 20 thousand tons of crude oil to process in the Kirishinefteorgsintez refinery. On 13 October 1998, company president Dmitry Filippov died from wounds three days after the explosion of a radio-controlled mine. 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 Gennadiy Nikolayevich Seleznyov (russian: Геннадий Николаевич Селезнёв; 6 November 1947 – 19 July 2015) was a Russian politician, the Chairman of the State Duma from 1996 to 2003. Early life and career Born at Serov ...
, Speaker of the State Duma. 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. Andrei Stepanov, in turn, unsuccessfully took part as a contender in the 1999 St. Petersburg Legislative Assembly election. The company's president Yuri Antonov served as vice-governor of Saint Petersburg from 1997 till 2002. In 2001, the company was restructured as an open joint-stock company, and became a subsidiary of St. Petersburg City Bank. The shareholding of the City Property Committee of the
Saint Petersburg City Administration Saint Petersburg City Administration (Администрация Санкт-Петербурга) is the superior executive body of Saint Petersburg (formerly Leningrad), Russian Federation. It is located in a historic building, Smolny and known ...
, under Valery Nazarov, reduced from 14.5% shareholding to 1.3%. In August 2001, Interior Minister,
Boris Gryzlov Boris Vyacheslavovich Gryzlov (also spelled Grizlov; russian: Борис Вячеславович Грызлов, ; born December 15, 1950), is a Russian politician. He was Interior Minister from 2001 to 2003 and Speaker of the State Duma (the lo ...
claimed that up to 100 industrial enterprises in Saint Petersburg (including PTK), as well as the four main sea ports of Northwestern Russia, Saint Petersburg,
Kaliningrad Kaliningrad ( ; rus, Калининград, p=kəlʲɪnʲɪnˈɡrat, links=y), until 1946 known as Königsberg (; rus, Кёнигсберг, Kyonigsberg, ˈkʲɵnʲɪɡzbɛrk; rus, Короле́вец, Korolevets), is the largest city and ...
,
Arkhangelsk Arkhangelsk (, ; rus, Арха́нгельск, p=ɐrˈxanɡʲɪlʲsk), also known in English as Archangel and Archangelsk, is a city and the administrative center of Arkhangelsk Oblast, Russia. It lies on both banks of the Northern Dvina near ...
and
Murmansk Murmansk (Russian: ''Мурманск'' lit. "Norwegian coast"; Finnish: ''Murmansk'', sometimes ''Muurmanski'', previously ''Muurmanni''; Norwegian: ''Norskekysten;'' Northern Sámi: ''Murmánska;'' Kildin Sámi: ''Мурман ланнҍ'') ...
, were controlled by the
Tambov Gang The Tambov Gang (in russian: Тамбовская преступная группировка, ''Tambóvskaya prestúpnaya gruppiróvka'') is a large gang in Saint Petersburg, Russia. According to common allegations, it was organised in Leningrad ...
. In May 2002, Gryzlov, sent a commission of inquiry to Saint Petersburg to investigate allegations of corruption in the city's gasoline market. The investigation was started after the Faeton Gasoline Company, second largest gasoline retailer in the city, complained to both Gryzlov and the Prosecutor General's Office in April that the Saint Petersburg City Administration gave preferences to PTK. However, this had no evident consequences. In August 2006, PTK president Yuri Antonov announced that the company would like to sell its stations to the oil company Surgutneftegaz, its supplier of gasoline, and that Gazprom and Surgutneftegaz might build a storage and distribution terminal near St. Petersburg on a 7 km² site owned by Petersburg Fuel Company.


Directors General

*13 September 1994 – German Makarov *21 November 1995 –
Alexander Kozlov Alexander Alexandrovich Kozlov (russian: Алекса́ндр Алекса́ндрович Козло́в; born 2 January 1981) is a Russian politician serving as the Minister of Natural Resources and Ecology of Russia since 10 November 2020. ...
*29 January 1997 – Vladimir Smirnov *1 July 1998 – Vyacheslav Shalin *1 June 1999 – Vadim Glazkov *July 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


Shareholder structure

(as of January 2007) * Petersburg City Bank - 75.9% * Promtrade Ltd. - 21.9% * City Property Committee of the
Saint Petersburg City Administration Saint Petersburg City Administration (Администрация Санкт-Петербурга) is the superior executive body of Saint Petersburg (formerly Leningrad), Russian Federation. It is located in a historic building, Smolny and known ...
- 1.6% * VITA-X JSC - 0.6%


References and notes


External links

{{Portal, Russia, Energy
Official site
(in Russian)
PTK
(in Russian) Oil companies of Russia Russian brands Companies based in Saint Petersburg Russian companies established in 1994