Magistral Card Enters Pskov Market

November 15, 2010

Magistral Card, the leading operator of non-cash fuel payments (part of the TNK-BP group of companies), announced today that is launching a new professional solution for commercial vehicle fleets in the Pskov Region as part of TNK’s Single Fuel Card program.

This will open up new opportunities for Magistral Card corporate clients to optimize and fine-tune their transportation arrangements not only in the Pskov Region, but also in many other regions of Russia.

The TNK Single Fuel Card gives corporate vehicle fleets in the Pskov Region access to an extensive network of petrol stations throughout Russia, offering high standards of service and fuel quality, as well as a wide range of additional services (roadside assistance, carwash, café, parking and hotels on federal highways). By joining the Single Fuel Card scheme, vehicle fleet managers will get round-the-clock internet access to comprehensive information on fuel purchases and a detailed register of operations for each card, together with timely copies and originals of any accounting documents required.

Magistral Card future expansion plans include amalgamating all the card programs operated by TNK-BP’s regional sales subsidiaries in 2010—2011