Refineries

NEOT supplies its oil products from a number of nearby refineries, which are mostly located in Finland, Sweden, Denmark and Norway. Use of several sources ensures the best competitive ability of each product.

The most important source of supply is the St1’s oil refinery in Gothenburg. The refinery has an annual capacity of approx. 4.8 million cubic meters. Roughly a quarter of the output is gasoline, about one-half diesel and jet fuel, and approximately a quarter heavy fuel oil. Crude oils produced in the North Sea are mainly used for raw materials.

The products are mainly sold on the Swedish market, but significant amounts of gasoline and diesel are also imported to Finland. When supplying bio-components, NEOT utilises the waste-based ethanol produced by St1 in Finland and the ethanol dehydration plant located in Hamina.

Read more about St1 biofuel production

The Gothenburg harbor is strategically located on the west coast of Sweden and serves as the main gateway for NEOT product loadings to Finland, Sweden and Norway.