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img_header taking the lead_page 5

Strategy 2030

Taking the Lead in Sustainable Fuels

We strive to become a leading producer of sustainable mobility fuels and chemical feedstock in Europe. We will reduce fossil fuel throughput in line with changing demand patterns, while deepening integration with the Chemicals & Materials segment.

Market potential for Europe’s fossil refineries will decline significantly in terms of volumes and margins, but demand for sustainable mobility fuels and chemical feedstocks will increase. Accordingly, we will optimize our integrated refineries in Schwechat and Burghausen to focus on high-quality fossil resources and a growing share of sustainable feedstocks.

Looking at our retail business, we will grow profitability and further develop our non-fuel offering. We will increasingly shift from fuel to e-vehicle charging, and to convenience. A portfolio of sustainable premium road fuels based on biofuels and synthetic fuels will offset the decline in fossil products.

We will also increase sales of sustainable aviation fuel to more than 700,000 metric tons – thereby going well beyond the planned regulatory framework. 

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Refining & Marketing

Refining & Marketing

OMV Refining & Marketing comprises two business divisions – Refining and Marketing & Trading. In Refining & Marketing, OMV operates three refineries in Europe and owns a 15% share in ADNOC Refining and ADNOC Global Trading, with a total processing capacity of more than 500,000 bbl/d. Furthermore, OMV operates about 1.800 filling stations in ten European countries and runs gas storage facilities in Austria and Germany.