Air BP, the international aviation fuel products and services supplier, has today 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, Air BP, and Alberto Pinto Rocha, Chief Executive Officer, PBF, in the Peruvian capital Lima.
Operating under the name of Air BP PBF, the joint venture, which will initially supply aviation fuel at Lima’s Jorge Chavez International Airport (LIM/SPJC), plans to further expand its operations to other locations in the country.
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 demonstrates Air BP’s commitment to support customer growth in developing markets with significant long term investments.
“PBF is a leader in the Peruvian fuels wholesale and distribution sector and we are excited about the growth possibilities that this new agreement will enable in Peru, one of the fastest growing economies in Latin America. We have worked with PBF since 2015 and it has proved to be a valuable and positive experience. The agreement expands our presence as a leading aviation fuel supplier and operator in South America. Together we anticipate a long and rewarding relationship which will better serve our customers” said David Windle, Chief Operating Officer, Air BP.
Alberto Pinto Rocha of PBF added, “We are delighted to join forces with Air BP. Our strong local presence will be enhanced by their international expertise and technical know how. This can only serve to raise the standards of aviation fuelling in the country.”
