St1 statement on crude oil sources and Shell Co-operation

Our thoughts are with the Ukrainian people.  We are united with our home countries, Finland, Sweden, Norway & United Kingdom condemning Russia's invasion of Ukraine.

We at St1 don’t conduct any business in Russia. Our most important source of supply of oil products is St1's own refinery in Gothenburg, Sweden. The raw material used is mainly crude oils produced in the North Sea and we do not use Russian crude oils. 

Our service station network is not part of Shell company. We use the Shell trademark under a license agreement in part of our service stations. Our entire St1 and Shell service station network in all of our countries of operation is domestically owned and operated. 

European energy sector ties to Russian origin products highlights the increasing need for rapid energy transition. Therefore, we are committed in continuing innovate and invest in renewable energy solutions that help societies reduce dependence on fossil products. 

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