NEOT is a supply company operating in the Baltic Sea region and owned by SOK and St1 Nordic Oy. NEOT is also active in the global trading market.
NEOT supplies oil products from a number of nearby refineries, which are mostly located in Finland, Sweden, Denmark, Norway, and Poland.
NEOT acquires its fuels from the best possible sources. Fuels are produced of high-quality raw materials delivered from the refineries of our carefully selected co-operation partners.
NEOT operates cargoes on a worldwide basis but main activities are focused within the North and Baltic Sea. Cargo grades shipped are all clean petroleum products.
NEOT has six terminals and they are located in Hamina, Pori, Vaasa, Oulu, Varkaus and Kuopio. All of them function as the fuel distribution terminals.
NEOT’s experienced co-operation partners are responsible for the safe and effective transportation of stations and fuel oil customers.
We offer two gasoline grades differing mainly by their octane rating and ethanol concentration.
The diesel fuel supplied by NEOT is a high-quality product suitable for the varying weather conditions in Finland.
Fuel oils suitable for heating and motor use are available in both summer and winter grade.
E85 is a ethanol fuel developed for Finnish conditions, which reduces motoring-related fossil carbon dioxide emissions by up to 80%.
The ethanol diesel ED95 is a renewable fuel that can replace fossil diesel in urban buses and heavy transport vehicles.
Product specifications and Safety data sheets
for gasoline, diesel and other products.
Service station fuel per year
15 million safe driving mileage per year
Turnover in 2017 5 billion EUR
Transport fuels 7 billion liters per year
Petri Appel has been appointed as the new CEO for North European Oil Trade Oy. He will start in the new position immediately after this appointment today 11.6. Petri Appel has been working with fuel industry since mid 2000 and joined NEOT in the autumn of 2015. Up until now Petri has been working as the CFO of NEOT.
This week marks a start of a new, REnewable era in fuel distribution. The first ED95 fuelled Ethanol Diesel truck began delivering fuel to petrol stations in Finland’s capital area.
Alimentation Couche-Tard has decided to sell 100% of the shares in Statoil Fuel & Retail Marine AS to St1 Norge AS. The parties signed the agreement on 27 November 2017.
North European Bio Tech Oy (NEB), an associated company of SOK Corporation and energy company St1, was established in 2013 with the purpose of investing in biofuel production units.
Energy company St1 continues its series of investments targeting to begin the production of renewable diesel in 2020 at its refinery in Gothenburg, Sweden.
The transport companies were rewarded for the expertise of the safety technology of oil transport vehicles in the Oil and Biofuel Association's Fuel Transports - Vehicle Technology and Safety seminar in Jyväskylä at the end of April 2017.
