Forecourt Trader - 30 years at the heart of the fuel retailing community

Penny Petroleum additions strengthen Jet in North East

08 October, 2014

Grandstand Services

Jet has increased its presence in north-east England through new contracts with Penny Petroleum that have seen seven new sites join the network and a further three sites sign retie deals.

Penny Petroleum has a portfolio of 25 retail sites, the majority of which are located in the north of England, and was ranked 12th in the 2014 Forecourt Trader Top 50 Indies, which was published in March. It has operated three sites under the Jet brand since 2009 and when it recently acquired seven new sites, it decided to move them across to Jet too.

With the three original Jet-branded sites having recently signed reties, Penny Petroleum now has 10 of its forecourts under the Jet brand. These sites have a combined fuel volume of 30 million litres annually and are supplied by Phillips 66 from Teesside terminal. All 10 sites have been re-imaged in the new Jet livery.

David Penny, owner of Penny Petroleum, commented: “I’ve worked with Jet for five years now and have always found them really easy to deal with and very flexible in terms of meeting my needs as a business owner. The three sites that we already had with Jet were performing very well, so when choosing a brand for the other sites, it was an easy decision to go with Jet.”

He added: “Jet has always had a strong reputation in terms of security of supply and also demonstrates a flexible approach to pricing. The delivery service is excellent.”

Carl Smaller, territory manager Immingham North & East at Jet, said: “North-east England has been a core retail region for Phillips 66 for many decades so we are delighted to expand our network coverage in this region with these new site wins.

“David is clearly operating a very successful business model and we very much look forward to welcoming these sites into our dealer network and building this relationship further in the future.”





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Weekly retail fuel prices: 15 January 2018
RegionDieselLPGSuper ULUL
East124.9460.90131.85122.27
East Midlands124.34132.31121.54
London125.0662.90132.42122.10
North East123.94133.63121.07
North West124.1658.50132.51121.18
Northern Ireland123.4169.90128.40120.85
Scotland124.5774.90130.88121.33
South East125.1561.40132.52122.48
South West124.73130.24121.91
Wales124.44128.57121.19
West Midlands123.7465.23132.27121.20
Yorkshire & Humber123.9161.90132.74121.12

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