Hyundai Oilbank, equipped with 650,000 barrels of daily oil refining capacity, exports petroleum to all parts of the world and operates 2,400 nationwide gas stations and charging stations. With advanced technology competitiveness (40.6% of advancement ratio, the highest in the industry), it is striving to become the global comprehensive energy company.
Diversification of Crude Oil Supply Line
We are introducing crude oil from the oil-producing countries, in the Middle East that have plenty of oil production through long-term and spot contracts for the purpose of stable supply and demand of crude oil. We are importing crude oil from Mexico as well, to diversify oil importation heavily concentrated on the Middle East to other areas.
Strengthening Gas Station Service
We are focusing on improving cleanliness and satisfying service of gas stations to strengthen domestic sales capacity. We are hosting the Service Leader Academy and hiring experienced professionals for the service director in Customer Service (CS) for the first time in the industry. With such efforts, we won 1st prize for 4 consecutive years in Korean Standard·Service Quality Index conducted by the Korean Standards Association.
Export Market Expansion and
Overseas Network Enforcement
We exported 53.8M barrels of petroleum all over the world including China, Singapore, Taiwan, Japan, Australia, New Zealand, Vietnam, Philippines and more in 2016. We plan to do business with offshore market including the Middle East, Africa, Europe and America and to do third-party business for crude oil and petroleum by enforcing the function of overseas corporations and branches.
