HELLENIC PETROLEUM S.A.
Since: 03.11.2008
Corporate
Founded in 1998, HELLENIC PETROLEUM is one of the leading energy groups in South East
Europe, with activities spanning across the energy value chain and presence in 6 countries.
In 2019, Group Adjusted EBITDA amounted to €572m,
on total revenues of €8.9bn.
Refining is the Group’s core business,
accounting for 75% of total assets. It owns three of the four refineries in
Greece, of 344 kbpd total capacity, with a 60% share of the Greek wholesale oil
products market.
The Group is the domestic ground fuels marketing leader,
with a retail network of c.1,700
service stations throughout Greece as well as LPG, industrial, aviation and
marine fuels and lubricants businesses.
HELLENIC PETROLEUM is a leading player in SE European
markets. Through its storage and logistics assets and network of
over 300 petrol stations is one of the key fuels marketing players in Cyprus, Serbia,
Bulgaria, Montenegro and Republic of North Macedonia.
The Group’s exploration and production activities are focused on Greece by developing an
exploration portfolio in onshore and offshore areas, either independently or in
collaboration with leading companies in the sector such as Total, ExxonMobil,
Repsol and Edison.
HELLENIC PETROLEUM is the sole petrochemicals producer in
Greece, mainly active in the propylene- polypropylene value chain. Domestic
market shares exceed 50%, while exports, mainly in Turkey and other
Mediterranean countries account for c. 68% of sales.
Moreover, HELLENIC PETROLEUM is active in the field
of renewable
energy sources with a portfolio of 26 MW in operation and
approximately 1,000MW in various development stages, including a 204MW PV
project, one of the 5 largest in Europe.
HELLENIC PETROLEUM is also active in the power and gas
sectors. Power generation and trading activities are carried out through
ELPEDISON, a JV with EDISON, which owns and operates two CCGT plants in Greece,
totaling 810MW and is also present in the retail electricity market.
The Group is present in the natural gas sector
through its 35% stake in DEPA, which is undergoing a transformation process
with the partial demerger of the infrastructure sector and the spin-off of the
international business sector, while it is renamed to DEPA Commercial.
International tender processes for the sale of DEPA Infrastructure as well as
of HRADF’s percentage on DEPA Commercial are ongoing.
HELLENIC PETROLEUM implements a great number of Corporate Social Responsibility actions supporting the Society and the protection of the Environment.
www.helpe.gr / info@helpe.gr / http://sustainabilityreport2019.helpe.gr/en