Refining & Marketing

Since 2001, the total supply chain approach with its associated procedures and decision-making processes have gradually and successfully been introduced in the Refining & Marketing Division. One outcome of change over the last decade is that competition in the oil industry now lies primarily between supply chains of integrated oil companies rather than between refineries, products, or salesmen. Fast response to market change, focus on customer needs and close coordination of the crude oil supply-refining-distribution-marketing sequence have become vital competitive factors.

Since January 1, 2004, all MOL and Slovnaft activities have been integrated. MOL Group has been able not only to maintain but also to slightly improve its regional market position, through effective coordination of MOL and Slovnaft refineries, integrated logistic operations and sales efforts, and increases in supply chain efficiency, using each other's best practices, all in a intensifying competitive environment.