uncategorized · 5/29/2015

Neste sells crude oil tanker Tempera

Neste Oil Corporation
Press release
28 May 2015 at 8.30 am (EET)

Neste sells crude oil tanker Tempera

Neste will sell the crude oil vessel Tempera to Perenco. The sale is based on Neste's decision to divest its shipping operations, announced in fall 2013. The ship will be handed over to its new owner in summer 2016. Until that time, OSM Ship Management Finland will continue as the Tempera's ship management company.

Tempera is not one of the vessels specified as critical for Finland's supply security. The tankers and harbor tugs previously owned by Neste which are included in this category are nowadays Finnish-owned jointly by the National Emergency Supply Agency and the Ilmarinen Mutual Pension Insurance Company.

Neste Oil Corporation

Kaisa Lipponen
Director, Corporate Communications

Additional information: Minna Haapala, VP, Logistics, tel. +358 50 458 8688


Neste Oil in brief

Neste Oil Corporation is a refining and marketing company specializing in high-quality fuels for cleaner traffic. The company produces all of the most important oil products and is the world's leading supplier of diesels made from renewable raw materials. In 2014, the company's net sales stood at EUR 15 billion, and it employs some 5,000 people. Neste Oil's shares are traded on the NASDAQ OMX Helsinki.

Neste Oil has been accepted into the Dow Jones Sustainability World Index. The company has also been on the Global 100 list of sustainable companies for several years in succession. CDP Forest has selected Neste Oil as one of the best companies in taking care of their forest footprint in the oil and gas industry.

Perenco in brief

Perenco is a leading independent Oil & Gas Company operating in 13 countries across the globe, ranging from Northern Europe to Africa and from Latin America to Southeast Asia.

Perenco currently produces approximately 450,000 boepd, of which 210,000 boepd is net to the company.