The Petersburg Fuel Company (PTK, in Russian: Петербургская топливная компания, ПТК) is an open joint-stock company of Saint Petersburg, Russia, founded in September 1994, after a fuel supply crisis had hit the city hard. The company specializing mostly in gasoline 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 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). The company also has acquired the Rzhevka Airport after its bankruptcy. More information...
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