EV charging stations could capture around 10% of Russian fuel market in 10 years - Gazprom Neft

MOSCOW. May 14 (Interfax) - Electric vehicle charging stations in Russia could capture around 10% of the fuel retail market within a decade, Director of Regional Sales at Gazprom Neft Dmitry Shepelsky said in an interview with Interfax.

Gazprom Neft began exploring EV charging stations several years ago, Shepelsky said. "We've studied international experience and closely monitor Russia's growing electric and hybrid vehicle fleet. While this segment is still developing in our country, demand for charging services is rising noticeably. Based on current growth trends, we estimate that charging stations could capture around 10% of the fuel market in 10 years. We're actively developing this segment to serve these customers," he said.

Industry players take different approaches to developing charging infrastructure - either independently or through specialized partners. Gazprom Neft chose the independent route primarily to maintain direct customer relationships and service quality control, he said.

The company has established its own charging brand called Rozetka. By late 2024, Gazprom Neft's charging network reached 100 stations, located not only at company fuel stations but also at partner sites near offices, shopping centers and airports.

Regarding non-fuel sales at stations, Shepelsky said that Gazprom Neft's ancillary business revenue grew approximately 60% over three years. "Our stations have evolved into retail hubs where ancillary services, convenience goods and digital services play an increasingly important role," he said.

Sales of Gazprom Neft's private-label products (PL) are also growing, with nearly 630 product varieties currently available. PL products accounted for 38% of non-fuel revenue in 2024, up from 33% in 2022.

"As for coffee, it remains the second-best-selling item after fuel. Last year we sold 40.4 million cups - more than one cup per second! An extremely popular product," Shepelsky said.