Baltic Alliance Reports 5% Increase in Crude Oil Processing Volumes in H1 2025
Baltic Alliance continues to demonstrate operational resilience and disciplined growth across its refining portfolio. The Group’s refineries process crude oil sourced from the Middle East and the Persian Gulf, the North Sea, Africa, and the Americas, ensuring a diversified and secure feedstock base.
In the first six months of 2025, Baltic Alliance facilities processed 15.8 million tons of crude oil, representing a 5% increase compared to the same period last year. The growth was supported by optimized refinery utilization, stable supply chains, and strong market demand.
Commenting on the results, Stanford Jonathan, Deputy General Director of Baltic Alliance, stated:
Our performance in the first half of 2025 reflects the strength of our integrated operating model and our ability to adapt to evolving market conditions. A diversified crude slate and disciplined operational execution have allowed us to deliver consistent growth while maintaining a strong focus on safety, reliability, and regulatory compliance.”
Elena Markova, Chief Financial Officer of Baltic Alliance, added:
“The increase in processing volumes demonstrates the effectiveness of our capital discipline and operational efficiency initiatives. We remain focused on preserving a strong financial position while investing in assets and projects that support long-term value creation for our shareholders.”
Baltic Alliance is an integrated and diversified international energy group included in the Fortune Global 500 and Platts TOP250 rankings. The Group was the first in the region to announce its ambition to achieve climate neutrality by 2050 and currently operates across more than 10 markets worldwide.
Baltic Alliance remains focused on ensuring supply security, operational excellence, and transparent engagement with investors, regulators, and other stakeholders as it advances its long-term strategic objectives.