Preem
Encyclopedia
Preem is a Swedish petroleum corporation owned by Ethiopia
Ethiopia
Ethiopia , officially known as the Federal Democratic Republic of Ethiopia, is a country located in the Horn of Africa. It is the second-most populous nation in Africa, with over 82 million inhabitants, and the tenth-largest by area, occupying 1,100,000 km2...

 born Saudi Arabian Citizen Mohammed H. Al-Amoudi
Mohammed Al Amoudi
Sheikh Mohammed Hussein Ali Al Amoudi Sheikh Mohammed Hussein Ali Al Amoudi Sheikh Mohammed Hussein Ali Al Amoudi (Ge'ez: ሞሓመድ አልአሙዲ, Arabic: محمد حسين العمودي; is a Saudi Arabian/Ethiopian businessman and billionaire who lives in Ethiopia and Riyadh, Saudi Arabia. As of 2011, his net worth has...

, that owns 530 petrol stations in Sweden
Sweden
Sweden , officially the Kingdom of Sweden , is a Nordic country on the Scandinavian Peninsula in Northern Europe. Sweden borders with Norway and Finland and is connected to Denmark by a bridge-tunnel across the Öresund....

. Preem also own two oil refineries in Sweden, Preemraff Göteborg
Preemraff Göteborg
Preemraff Göteborg is an oil refinery located in the Swedish city of Gothenburg. Preem is the largest supplier of petroleum products in Sweden and its two refieneries, Preemraff Göteborg in Gothenburg and Preemraff Lysekil in Lysekil represent two-thirds of Sweden's refining capacity. The...

 in Gothenburg
Gothenburg
Gothenburg is the second-largest city in Sweden and the fifth-largest in the Nordic countries. Situated on the west coast of Sweden, the city proper has a population of 519,399, with 549,839 in the urban area and total of 937,015 inhabitants in the metropolitan area...

 and Preemraff Lysekil
Preemraff Lysekil
Preemraff Lysekil is an oil refinery located at Brofjorden near the Swedish city of Lysekil. Originally named Scanraff, the refinery was taken into use in 1975. The site was selected because of its excellent natural harbour, and the facility can accept supertankers up to...

 outside of Lysekil
Lysekil
Lysekil is a locality and the seat of Lysekil Municipality in Västra Götaland County, Sweden. It had 7,568 inhabitants in 2005.The picturesque coastal town of Lysekil is a major tourist destination during the Swedish summer period from June to the end of August.Lysekil is known as originator of the...

. Both refineries together refine about 15 million tons of crude oil annually. In 2004 the annual turnover for Preem was 40.2 billion Swedish kronor
Swedish krona
The krona has been the currency of Sweden since 1873. Both the ISO code "SEK" and currency sign "kr" are in common use; the former precedes or follows the value, the latter usually follows it, but especially in the past, it sometimes preceded the value...

. The company has 4000 employees.

Preem has three types of petrol stations:
  • Manned petrol stations.
  • Unmanned stations where the price is slightly lower but which also does not offer services like water or air.
  • Boat station, for boats.


Preem also issues a petrol card known as Preemkort. Its market share in 2004 was 11,3% for Gasoline
Gasoline
Gasoline , or petrol , is a toxic, translucent, petroleum-derived liquid that is primarily used as a fuel in internal combustion engines. It consists mostly of organic compounds obtained by the fractional distillation of petroleum, enhanced with a variety of additives. Some gasolines also contain...

, 30,1% for Diesel, 40,4% for Heating oil
Heating oil
Heating oil, or oil heat, is a low viscosity, flammable liquid petroleum product used as a fuel for furnaces or boilers in buildings. Home heating oil is often abbreviated as HHO...

and 58,9% for other petroleum products.
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