Our associated company, North European Oil Trade group (NEOT), annually supplies around 7 billion liters of oil products to retail stations, homes and companies.
High quality and sustainability of raw materials is emphasized when selecting fuels
NEOT acquires its fuels from the global trading markets and handles their storage and transport from refineries to terminals and further to stations and direct customers. Our Gothenburg refinery is the most important source of supply for NEOT, but the company also supplies oil products from other refineries mainly from Finland, Norway, Denmark and Poland.
NEOT supplies the St1 refinery with biofuels that are increasingly used in blending fuels. When supplying bio-components, NEOT utilizes the waste and residue based advanced ethanol produced by our biorefineries and ethanol dehydration plant in Finland.
Quality, safety and environmental aspects are taken into consideration throughout the logistics chain
Together with NEOT, we have a comprehensive logistics chain in all of our operating countries consisting of terminals for storing the products and a wide transport network. The transport network includes shipping as well as road and rail transport.
The biofuel components from producers to refineries, as well as the end products and clean petroleum products from the refineries to terminals, are delivered by sea by mainly time charter vessels. The main activities are focused on the Baltic Sea area, but a part of the stem is shipped from farther. Road transport is taken care of by a co-operation partner network.
In Finland, NEOT is responsible for the logistics chain from the refinery all the way to fuel stations and to hundreds of thousands of homes and companies. In Sweden and Norway, other transportation operators are responsible for deliveries to St1 stations and direct sales customers.