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					                                                                            Chevron Global Aviation
                                                                            1 Westferry Circus
                                                                            Canary Wharf
                                                                            London E14 8HA

For Immediate Release

                Chevron continues aviation expansion in Greece
ZAKINTHOS, GREECE – 16 JUNE 2006 Chevron Global Aviation’s joint venture operation, Hellenic

Aviation Fuel Company (HAFCO), has announced the opening of a third refueling facility at Zakinthos

International Airport in Greece. HAFCO already provides fuel at Kavala and Thessaloniki airports and

Chevron also markets Jet A-1 under its own brand at Athens airport.

Zakinthos is one of the largest of the Ionian Islands after Kefalonia and Corfu and tourism is the island’s
main industry with the population doubling in peak season. Although, tourism is vital for the Greek

economy all year round, the tourist influx from colder northern European countries starts in earnest in the

spring. HAFCO was awarded a concession to build the fuelling facility in June 2005 and every effort was
made to establish operations in time for the busy 2006 summer season. After all the permits were

granted, construction of the facility started and was completed in just five months and on budget.

Tim Collins, Assets and Operations Manager at Chevron Global Aviation said: “Having
knowledgeable people in the region meant that the process went very smoothly, particularly with HAFCO

General Manager, Kyriakos Savopoulos, overseeing the project. Training of personnel is obviously critical
given the high safety focus of any into-plane operation and we were fortunate that we had access to

experts from PPT Aviation Services Ltd in Cyprus, in which Chevron has an interest, to support the

training programme.

With construction and training complete, the first customer to fuel at the new location was Monarch

Airlines who contracted to supply them with 550,000 gallons per year. “Chevron has reliably supplied


Monarch’s jet fuel requirements at a number of key locations for many years. We are therefore pleased to

be able to further the relationship between our companies through use of this new venture and look

forward to a mutually beneficial future,” said Mike Smith, Manager Commercial and External Affairs

for Monarch Airlines.

Other key customers for HAFCO at Zakinthos include British Midland and Edelweiss, a wholly-owned

subsidiary of Kuoni. Altogether, the aviation refueling market at Zakinthos adds up to nine million USG a

year and this is forecast to grow further over the next five years.

On the operational front, HAFCO’s jet fuel supply at Zakinthos is not brought in by pipeline. Instead, it is

road-bridged overland and then transported via ferry from the Motor Oil Hellas (MOH) refinery in Agii
Theodori, about 70 km to the west of Athens. This is the largest privately held industrial complex in

Greece and is considered one of the most modern refineries in southeast Europe.

Gregor Cameron, General Manager, Chevron Global Aviation said: “Greece is a developing market for us

and the relationship with our joint venture partner, MOH, works well. We are aiming for further expansion

in the region over the next few years, especially with more countries in the Balkans set to join the EU in

the future.”


Notes to editors
       For more information, contact Daniel Schraibman on +44 207 719 4459 or email

       HAFCO is a 50/50 joint venture between Texaco Greek Lubricants S.A., a part of Chevron and
        Avinoil S.A., a subsidiary of Motor Oil Hellas.

       Chevron Global Aviation is one of the world’s leading suppliers of aviation fuels at around 350

        commercial airports globally including 71 in Europe and Turkey.

       Chevron is one of the world's leading energy companies. With more than 53,000 employees,
        Chevron subsidiaries conduct business in approximately 180 countries around the world,

        producing and transporting crude oil and natural gas, and refining, marketing, and distributing

        fuels and other energy products. Chevron is based in San Ramon, California. More information
        on Chevron is available at

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