The European business community has been united in condemning the invasion of Ukraine by Russia, and has a common concern about the situation.
Due to the current situation and the uncertainty in the market, Neste has mostly replaced Russian crude oil with other crudes, such as North Sea oil. The company is closely monitoring the situation and the development of sanctions and potential counter-sanctions, and is preparing for various options in procurement, production and logistics.
Neste’s refineries operate normally and it is aiming to secure supply of its products in all situations.
Read the article online at: https://www.hydrocarbonengineering.com/refining/01032022/neste-replaces-russian-crude-oil-with-other-crudes/