Oil Products focuses on premium-grade traffic fuels and other high value-added petroleum products that are sold to customers worldwide. Oil Products is also responsible for procuring the feedstocks used at Neste Oil’s refineries and optimization procedures and the commercial operations of Neste Oil’s fleet of tankers. Neste Oil is aiming to develop its presence in diesel fuel and VHVI base oil, both of which have been identified as growth segments.
Neste Oil is the leading supplier of clean fuels around the Baltic Rim and an active player on the broader international market. The product range includes:
- diesel fuel
- jet fuel and bunker fuel
- heating oil and heavy fuel oil
- base oils
- gasoline components
- specialty fuels
- liquid petroleum gas (LPG), and
Neste Oil’s fleet of tankers carries approximately 29 million tons of crude oil, petroleum products, and chemicals annually – primarily to and from destinations in the Baltic, the North Sea, and the North Atlantic. The fleet gives Neste Oil a strong competitive advantage in the logistics field and guarantees that customers receive products punctually and reliably year-round.
Oil Products is part of the Oil Products and Renewables business area, but forms its own reporting segment.