Benzinga | Dec 21, 2020 06:48AM EST

WEX Signs An Extension Of Services With LUKOIL North America

WEX (NYSE:WEX), a leading financial technology service provider, has signed an extension of services with LUKOIL North America LLC, a client of WEX for 34 years. The multi-year agreement continues the use of branded fuel cards throughout North America.

"WEX offers a turn-key, innovative and consistently-performing program that allows LUKOIL North America to offer its fleet customers the products and services they expect," says Jake Naggy, senior manager of commercial activities at LUKOIL North America. "As we expand, WEX will be a key technology partner in that growth."

LUKOIL North America's long-standing working relationship with WEX started in 1986 with Getty Petroleum Marketing, Inc., LUKOIL's predecessor. Since that time, by focusing on customer relationships and technology, both companies have seen rapid growth throughout North America.

"The length of our working relationship is a testament to our professionalism and commitment to customer service," says Jay Collins, senior vice president and general manager of WEX small business. "Our companies have a deep mutual respect for each other. As LUKOIL grows, we're committed to growing our partnership, as well."